Groupe BPCE: Jérôme Terpereau appointed Head of Retail Banking & Insurance, Member of the Management Board
Meeting of 25.03.2022 under the chairmanship of Thierry Cahn, the Groupe BPCE Supervisory Board approved the proposal put forward by Laurent Mignon, CEO of Groupe BPCE, to appoint Jerôme Terpereau, as Head of Retail Banking & Insurance, Member of the Groupe BPCE Management Board, as from June 1.
Jérôme Terpereau is currently Chairman of the Management Board of Caisse d’Epargne Aquitaine Poitou-Charentes.
He will succeed Christine Fabresse, who has been appointed to chair the Management Board of Caisse d’Epargne Provence-Alpes-Corse (CEPAC) as from May 2, 2022.
As from June 1, the Groupe BPCE Executive Management Committee shall comprise:
Laurent Mignon, CEO of Groupe BPCE;
Béatrice Lafaurie, Head of Human Resources, Member of the Management Board;
Jean-François Lequoy, Head of Finance & Strategy, Member of the Management Board;
Nicolas Namias, Chief Executive Officer Global Financial Services, Member of the Management Board;
Jérôme Terpereau, Head of Retail Banking & Insurance, Member of the Management Board;
Laurent Benatar, Chief Technology and Operations Officer;
Jacques Beyssade, Secretary General;
François Codet, Chief Executive Officer, Insurance;
Catherine Halberstadt, Head of Financial Solutions & Expertise;
Stéphanie Paix, Chief Risk Officer;
Yves Tyrode, Chief Digital & Payments Officer.
Biography of Jérôme Terpereau, Head of Retail Banking & Insurance
Jérôme Terpereau, 53, holds a Master in Economic Science and a DESS specialist degree in Management of Financial and Banking Organizations from Paris IX Dauphine University and is a graduate of France’s Economics and Banking Institute (IEB) and the Centre for Higher Studies in Banking (CESB).
Jérôme Terpereau began with Caisse d’Épargne Centre Val-de-Loire in 1991 where he occupied various finance functions, before joining the Executive Committee in 2001 as Head of Financial Management. He subsequently moved to Caisse Nationale des Caisses d’Épargne in 2003 and became Head of Financial Engineering with responsibility for local government bodies and institutions, then Chief Budget Officer.
He was later appointed to the Management Board of Caisse d’Épargne Midi-Pyrénées in 2008, with responsibility for Finance and General Functions, as well as real estate and financing subsidiaries. In 2015, he was named Chief Executive Officer of BPCE Financement.
Since 2018, he has been Chairman of the Management Board of Caisse d’Epargne Aquitaine Poitou-Charentes.
Deutsche Bank and Google to form strategic global, multi-year partnership to drive a fundamental transformation of banking
Deutsche Bank and Google Cloud have agreed to join forces and form a strategic partnership that aims to redefine how the bank develops and offers its financial services. The partnership is unique in that it will not only deliver cutting edge cloud services to Deutsche Bank, but also enable co-innovation between the two companies to create the next generation of technology-based financial products for clients. Both parties have signed a Letter of Intent and plan to sign a multi-year contract within the next few months.
The partnership will enable Deutsche Bank to accelerate its cloud transition and build on the engineering capabilities of both companies. Together with Google Cloud, Deutsche Bank will transform its IT architecture and thus generate considerable value for its clients. The multi-year transformation and optimisation of the bank’s current systems will take place in a phased approach. Both parties are committed to compliance with privacy and data protection regulation to maintain the confidentiality, integrity and availability of customer data and Deutsche Bank’s information assets
With this partnership, Deutsche Bank will also gain direct access to world-class data science, artificial intelligence and machine learning to better serve customers. Potential use cases include helping treasury clients with day-to-day tasks such as cash flow forecasting, improved risk analytics, and advanced security solutions to protect clients’ accounts. For the private banking business, digital and intuitive solutions will be the focus, to simplify the interactions between customers and employees.
“For more than 150 years, Deutsche Bank has been an industry pioneer, with a strong record of innovation in the financial services sector,“ said Sundar Pichai, CEO of Google and Alphabet. “We’re excited about our strategic partnership and the opportunity for Google Cloud to be helpful to Deutsche Bank and its clients as they grow their business and shape the future of the financial services industry.”
“The partnership with Google Cloud will be an important driver of our strategic transformation,” said Christian Sewing, CEO, Deutsche Bank. “It demonstrates our determination to invest in our technology as our future is strongly linked to successful digitization. It is as much a revenue story as it is about costs.”
“This cooperation with Google Cloud is a significant step forward for our technology strategy, and will transform the way we produce and deliver our client services,” added Bernd Leukert, Deutsche Bank’s Chief Technology, Data and Innovation Officer and Member of the Management Board. “By bringing together the best of both cultures, we look forward to creating new business models leveraging artificial intelligence, data analytics, and more, with an established technology and innovation leader.”
The decision follows intensive discussions and due diligence over the past five months. In February 2020, Deutsche Bank invited a number of major cloud service providers to propose a partnership as part of its multi-vendor cloud strategy. As part of this strategy, the bank will continue to work closely with its existing technology partners.
Barclays appoints Carrie Chen as Vice Chairman of Greater China Banking and Sung-Min Chung as Head of Technology in Banking for Asia Pacific
Barclays today announces the appointment of Carrie Chen as Vice Chairman of Greater China Banking; and Sung-Min Chung as Head of Technology in Banking for Asia Pacific. Based in Hong Kong. Ms. Chen and Mr. Chung will be strengthening senior client coverage and meaningfully broaden Barclays’ client footprint in the region.
Ms. Chen brings over 15 years of experience in investment banking in China. She joins Barclays from Morgan Stanley where she was a Managing Director in China coverage and has an impressive deal track record in both advisory and capital raising transactions for blue-chip clients across a wide range of sectors including FIG, Industrials and TMT. Before that, Ms. Chen was at Bank of America Merrill Lynch, Macquarie Group and McKinsey & Co.
Mr. Chung joins Barclays from iTutorGroup as Group Chief Financial Officer. Previously, Mr. Chung was Head of TMT for ZZ Capital International. Prior to that, he was a Director in TMT at Bank of America Merrill Lynch. Mr. Chung brings a wealth of experience across a wide spectrum within the technology space, specializing in cross-border M&A and capital market financings.
“Both of these appointments are a clear demonstration of our continued focus and commitment to invest for growth in the region,” said Vanessa Koo, Head of Banking for Asia Pacific and Greater China at Barclays. “I believe our new hires will significantly contribute to our already talented team in the region as we remain committed to continue to deliver world-class solutions to clients in Asia and globally.”