The Board of Directors of CNP Assurances met this morning to discuss the planned operation by La Banque Postale and the BPCE group.

The Board of Directors of CNP Assurances decided to form an ad-hoc committee responsible for monitoring the progress of the resulting public offering. It will be composed of the independent directors Véronique Weill, Rose-Marie Van Lerberghe, Stéphane Pallez and Marcia Campbell and of the two directors representing employees, Laurence Guitard and Chahan Kazandjian. 

The board also reaffirmed the company’s development strategy based on a comprehensive, multi-partner and international insurer model for all its partners and clients. The board restated its confidence in the management team in place to implement this strategy, supported by the commitment of CNP Assurances employees.