(More Bank) – Crédit Agricole has announced the appointment of Didier Gaffinel as Global Head of Coverage and Investment Banking from 11 February 2019. It reports to Jacques Ripoll, Chief Executive Officer and joins the Executive Committee of the Bank. He was previously Banker Consulting and Head of Luxury Sector Coverage.
Pierre Gay is appointed Global Head of Capital Markets as of February 4, 2019. He reports to Isabelle Girolami, Deputy Chief Executive Officer and becomes a member of the Management Committee. He was previously Head of Markets for Europe Outside the UK.
Graduate of Audencia and DECF holder, Didier Gaffinel began his career in 1988 at HSBC with Total. He joined the LBO department of the Banque de Gestion Privée, a subsidiary of Crédit Agricole Group, in 1992 before joining the Mergers & Acquisitions team in 1994. From 1998 to 2011, Didier Gaffinel held various positions in the Equity Capital Markets department of Crédit Agricole Indosuez's investment bank (later Calyon then Crédit Agricole CIB), firstly on the French clientele then on the large caps at the European level. He was appointed Managing Director in 2005. In 2011, he became Senior Vice President in charge of a portfolio of major French Luxury and Retail clients. He also took on the responsibility of the Global Luxury Sector Coverage at the end of 2013.
Graduate of a master's degree in applied mathematics from the University of Lyon I and a master's degree in management ESC LYON from the University of Lyon III, Pierre Gay joined the Group in 1990 where he held various positions within Calyon, Crédit Agricole Indosuez and Crédit Lyonnais. He became General Manager of Newedge for Asia in 2005. In 2011 he became Treasurer of the Newedge Group before becoming Treasurer of Crédit Agricole CIB in 2014. In 2016, he was appointed Head of Market Activities in France, extended to Europe outside the United Kingdom the same year.