Creating lasting value for all stakeholders

The keys to our performance

Engaged governance

In 2014, CNP Assurances stepped up its transformation and launched various strategic projects with the unflagging support of its Board of Directors.

Board of Directors

The Board of Directors of CNP Assurances is comprised of 18 directors, including six women, three non-voting directors and four Works Council representatives. Its membership reflects the close invol­vement of the reference shareholders and the vision of qualified independent directors. The Chairman leads the work of the Board and the Strategy Committee. The Committees of the Board are chaired by independent directors.

Together, the members of the Board of Directors have the skills and business experience required to serve on the board of an insurance company. These include experience of the insurance and financial markets, a good understanding of the Company’s strategy, business model and governance system, financial and actuarial analysis skills and knowledge of the regulatory environment.

Executive Committee

The Chief Executive Officer imple­ments the strategy decided by the Board and has the broadest powers to act in the name of the CNP Assurances Group. He is assisted by an Executive Committee made up of 12 members representing the Group’s strategic functions: partnerships, finance, risk management, information systems, general administration and human resources. In its role as coordinator, the Executive Committee deals with all issues that extend across departmental boundaries.

At least one Executive Committee member sits on the boards of the main subsidiaries in France, and CNP Assurances appoints at least half of the members of the international subsidiaries’ boards, guaranteeing consistent strategic management across the Group.

Executive Committee As of 1 January 2015

  • Frédéric Lavenir, Chief Executive Officer
  • Thomas Béhar, Group Chief Actuary
  • Michel Bois, Programmes and Information Systems Director
  • Thomas Chardonnel, Head of the BPCE Partnership business unit
  • Antoine Lissowski, Deputy Chief Executive Officer and Chief Financial Officer
  • Thierry Claudon, Head of the Latin America business unit
  • Yves Couturier, Head of the Open Model business unit
  • Corinne Gouthière, Company Secretary
  • Xavier Larnaudie-Eiffel, Deputy Chief Executive Officer
  • Bérengère Grandjean, Group Human Resources Director
  • Magaly Siméon, Head of the Social Protection and Services business unit
  • Marie Grison, Group Chief Risk Officer
  • Martine Vareilles, Head of La Banque Postale Partnership business unit
  • Composition of the Board of Directors and its committees as of 31 December 2014

Directors

  • Jean-Paul Faugère *, Chairman
  • Frédéric Lavenir, Chief Executive Officer
  • Caisse des dépôts et consignations, represented by Pierre-René Lemas
  • Virginie Chapron du Jeu
  • Anne-Sophie Grave
  • Olivier Mareuse
  • Odile Renaud-Basso
  • Franck Silvent
  • Sopassure, represented by Marc-André Feffer
  • Jean-Yves Forel
  • François Pérol
  • Philippe Wahl
  • Rémy Weber
  • French State, represented by Antoine Saintoyant
  • Philippe Baumlin
  • Marcia Campbell *
  • Stéphane Pallez *
  • Rose-Marie Van Lerberghe *

Non-voting directors

  • Pierre Garcin
  • Jean-Louis Davet

Works Council representatives

  • Valérie Baron-Loison
  • Patrick Berthelot
  • Pascal Oliveau
  • Nadia Remadna

Secretary to the Board of Directors

  • Hugues de Vauplane

Audit and Risk Committee

  • Stéphane Pallez *, Chairman
  • Philippe Baumlin
  • Marcia Campbell *
  • Jean-Yves Forel
  • Olivier Mareuse
  • Rémy Weber

Remuneration and Nominations Committee

  • Rose-Marie Van Lerberghe *, Chairman
  • Jean-Paul Faugère *
  • François Pérol
  • Odile Renaud-Basso
  • Philippe Wahl

Strategy Committee

  • Jean-Paul Faugère *, Chairman
  • Marc-André Feffer
  • Jean-Yves Forel
  • Olivier Mareuse
  • Stéphane Pallez *
  • Franck Silvent

Executive Management

  • Frédéric Lavenir, Chief Executive Officer
  • Antoine Lissowski, Deputy Chief Executive Officer and Chief Financial Officer
  • Xavier Larnaudie-Eiffel, Deputy Chief Executive Officer

CNP Assurances ownership structure as of 31 December 2014

CNP Assurances ownership structure as of 31 December 2014

  • 40.8% Caisse des Dépôts Group
  • 36.3% Sopassure, holding company for La Banque Postale and BPCE’s interests
  • 1.1% French State
  • 21.8% institutional and retail investors