Serge Magdeleine: The New Director of LCL and his Journey to Success

2023-11-01 20:19:09

This appointment comes during a period marked by a strike movement in the spring, to denounce insufficient salaries and poor working conditions. 623246827/Lucille Cottin –

PORTRAIT – Serge Magdeleine, a graduate of Ponts et Chaussées and holder of an MBA from the college of engineers, won the battle for the succession of Michel Mathieu.

The race to succeed Michel Mathieu, general director of LCL who has reached the age limit of 65, has one final surprise in store. If observers were betting on a duel between the director of Crédit agricole Atlantique-Vendée, Nicole Gourmelon, and the deputy CEO of Crédit agricole SA, Jean-Paul Mazoyer, Serge Magdeleine finally won to manage the subsidiary of the Green Bank. The current boss of Crédit agricole Alpes Provence will take office on January 1.

A graduate of Ponts et Chaussées, holder of an MBA from the college of engineers, he was destined for entrepreneurship. Following a brief stint at Mercer Oliver Wyman as a telecoms and financial services consultant, he aspired to create a mortgage brokerage, which he chaired from 1996 to 1999. He convinced individual investors to s commit to the capital of its young company, Empruntis.

The bursting of the internet bubble precipitated his departure. He sold his shares and joined Crédit…

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