Étienne Pflimlin (born 16 October 1941) is a French high-ranking civil servant and banker. He served as the CEO of the Crédit Mutuel from 1987 to 2010.

Étienne Pflimlin
Born (1941-10-16) 16 October 1941 (age 83)
EducationÉcole Polytechnique
Sciences Po
École nationale d'administration
OccupationBanker
Children2
ParentPierre Pflimlin
RelativesBertrand-Louis Pflimlin (paternal cousin)
Rémy Pflimlin (paternal cousin)

Early life

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Étienne Pflimlin was born on 16 October 1941 in Thonon-les-Bains, Haute-Savoie, France.[1] His father, Pierre Pflimlin, was a politician.[2]

Pflimlin graduated from the École Polytechnique, Sciences Po and the École nationale d'administration (ENA).[1]

Career

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Pflimlin started his career as a high-ranking civil servant.[2] He worked for Prime Minister Pierre Messmer in 1973 and Culture Minister Michel d'Ornano in 1977.[2] He subsequently worked for the Court of Audit.[2]

Pflimlin joined the Crédit Mutuel, a French mutual bank, in 1984.[2] He succeeded Théo Braun as its CEO in 1987, retiring in 2010.[1][2][3] He argued that shareholders were a critical part of mutual banking, and that the industry would be over if shareholders stopped being engaged.[4] He earned 630,141 Euros in 2010, 600,000 of which was his net salary.[5] He was succeeded by Michel Lucas.[1]

Pflimlin was elected to the board of the International Co-operative Alliance in 1994.[6] He has served on the board of directors of FIMALAC, a credit rating and risk assessment company, since 2006.[7] Pflimlin first met Ladreit as a student at the ENA.[8]

Pflimlin became a Commander of the Legion of Honour in 2012.[9]

Personal life

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Pflimlin is married to Sophie, an editor, and he has two children, Edouard and Thomas.[1][2] He resides in Strasbourg with his family.[2]

References

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  1. ^ a b c d e "Crédit Mutuel: Pflimlin démissionne". Le Figaro. September 6, 2010. Retrieved December 5, 2016.
  2. ^ a b c d e f g h Payot, Marianne (December 18, 2003). "Sérieux et fantaisie". L'Express. Retrieved December 5, 2016.
  3. ^ Michel, Anne (July 7, 2010). "Au Crédit mutuel, le départ d'Etienne Pflimlin laisse la voie libre à Michel Lucas". Le Monde. Retrieved December 5, 2016.
  4. ^ Caire, Gilles; Nivoix, Sophie (2012). "La démocratie sociétariale " vue d'en bas " Observations sur des assemblées générales locales de banques coopératives". Revue française de gestion. 1 (220): 17–30. doi:10.3166/rfg.220.17-30. Retrieved December 5, 2016 – via Cairn.info.
  5. ^ Cartier, Jean-Baptiste (2012). "Entre opposition fondamentale et convergence contrainte, quel avenir pour la banque mutualiste face à la banque SA ?" (PDF). La Revue des Sciences de Gestion (in French). 255–256 (3): 145–151. doi:10.3917/rsg.255.0145.
  6. ^ Moulévrier, Pascale (2003). "Le Crédit mutuel". Actes de la recherche en sciences sociales (in French). 1: 93–104. doi:10.3917/arss.146.0093.
  7. ^ "BOARD OF DIRECTORS". FIMALAC. Retrieved December 5, 2016.
  8. ^ Coignard, Sophie; Guichard, Marie-Thérèse (2010). French Connections: Networks of Influence. New York: Algora. p. 94. ISBN 9781892941022. OCLC 42842313.
  9. ^ "Légion d'honneur : 15 promus dans le Bas-Rhin". L'Alsace. January 4, 2012. Retrieved December 5, 2016.