Credit Agricole SA chose Jerome Grivet to replace Bernard Delpit as chief financial officer as the bank adjusts its senior-management team.
Grivet, 53, will become deputy managing director in charge of finance by May 21, the Montrouge, France-based bank said on Monday in a statement.
Delpit is leaving France’s second-largest bank by assets, to join Safran SA, a French aircraft-engines maker, as head of finance.
Credit Agricole is changing CFO as Philippe Brassac later this month will become chief executive officer, taking over from Jean-Paul Chifflet, who’s retiring.
Grivet, a graduate from France’s elite administration school ENA, headed Credit Agricole’s insurance activities since 2010.