A new CEO has been appointed at Crédit
Agricole Leasing & Factoring (CAL&F) after the departure of

Olivier Toussaint in March
.

Philippe Carayol, currently deputy CEO of
Caisse Régionale de Crédit Agricole Aquitaine, one of the French
financing giant’s regional banking networks, will take up the role
on 1 September this year.

Carayol started his career in 1982 at Caisse
Régionale de Crédit Agricole de Charente, and became director for
the corporate market in 1991, then director of the sales network in
1997.

He moved to Caisse Régionale de la Gironde in
1999 as director of the sales network and was appointed deputy CEO
of Caisse Régionale Charente Maritime Deux Sèvres in 2002. In 2006,
he took on the same role at Caisse Régionale Aquitaine.

CAL&F deputy CEO Bertrand Chevallier has
been acting as interim CEO since March.

claire.hack@vrlfinancialnews.com

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