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Credit Agricole Names Hocher to Head Investment-Banking Unit

Credit Agricole SA, France’s third-largest bank by market value, named Jean-Yves Hocher as the new head of its corporate and investment-banking unit as part of a management shuffle.

Hocher, 55, Credit Agricole’s deputy chief executive officer overseeing the investment bank, insurance and asset management, becomes CEO of the division starting today, replacing Patrick Valroff, the Paris-based company said today in a statement. Valroff will remain within the unit at a position to be determined, a spokeswoman said by telephone.