Change in Leadership

New Chairman of Eurofactor's Management Board

Issy les Moulineaux (FR), June 2007 - Jean-Pierre Vauzanges has been appointed Chairman of Eurofactor's Management Board. Eurofactor, a subsidiary of Crédit Agricole, is one of France's leading factoring companies and the foremost integrated factoring network in Europe.




A naval architect by training, Jean Pierre Vauzanges began his career as an engineer with the Chantiers du Nord et de la Méditerranée shipyard. He continued his professional career in computer science and technology and then in management information technology. He held various sales and then marketing and managerial positions in US and French companies, dealing initially with the aeronautical and defence industries and then the banking and insurance industries.

He joined the AGF Group in 1995 as Deputy Chief Executive Officer of its subsidiary Mondial Assistance France, where he later became Chief Executive Officer and then Chairman. At the same time, he was also Chairman of GTS Téléassistance, another AGF Group services subsidiary.

In 2002, he joined Groupama, where he held management positions in two Regional Mutuals, first in Normandy and then in Rhône-Alpes Auvergne. In 2004, he joined the Crédit Agricole Group as Deputy Chief Executive Officer of Pacifica, responsible for operations (claims, information systems, organisation - processes and cross-functional projects, and logistics).