Éric Lombard,a seasoned banker and the newly appointed Minister of Economy,Finance,Industrial and Digital Sovereignty,brings a wealth of experience to his role,having led the Caisse des Dépôts group as 2017.With a political career that began in the early 1990s under socialist governments, Lombard has navigated various high-profile positions, including a pivotal role in the banking sector where he narrowly escaped the september 11 attacks. His leadership at Caisse des Dépôts has been marked by meaningful achievements,including the establishment of the Banque des Territoires and a remarkable net profit of 3.9 billion euros last year. As he steps into his new position, Lombard’s focus on addressing wealth inequality and advocating for balanced economic growth will be closely watched, especially considering his previous critiques of rapid pension reforms.
An Exclusive Interview with Éric Lombard: Insights into His Vision for Economic Sovereignty
Q: Éric Lombard, congratulations on your new role as Minister of Economy, Finance, Industrial and Digital sovereignty. Can you share what motivated you to accept this position?
Éric Lombard: Thank you! Taking on this role is both an honor and a responsibility. My motivation stems from a desire to address pressing economic challenges in our society,especially wealth inequality. I believe that my experience in the banking sector,especially during my tenure at Caisse des Dépôts,equips me with a unique perspective to drive meaningful economic reforms.
Q: You mentioned your experience at Caisse des Dépôts and the establishment of the Banque des Territoires. How do you plan to leverage this experience in your new position?
Éric Lombard: Leading the Caisse des Dépôts allowed me to understand the intricacies of public finance and its direct impact on local communities.The creation of the Banque des Territoires was a pivotal moment in advancing investment in regional development. In my current role, I aim to implement similar strategies, ensuring that our financial systems support equitable access to resources and foster regional economies across France.
Q: With this move towards wealth equality, what are some specific initiatives you are planning to focus on?
Éric Lombard: My primary focus will be to advocate for balanced economic growth that doesn’t leave behind vulnerable populations. this includes reforming investment strategies to support small and medium-sized enterprises (SMEs), enhancing education and training programs for workers, and creating more pathways for affordable housing. Addressing these areas can significantly reduce inequality and stimulate economic progress.
Q: You have previously critiqued rapid pension reforms. How does that perspective shape your current economic policies?
Éric Lombard: My experience has taught me that any reforms,especially those that affect people’s livelihoods like pensions,need careful consideration and sustainable planning.In my ministerial role, I will prioritize dialog and consensus-building to ensure that any changes made to the pension system are fair, clear, and considerate of the demographic challenges we face.
Q: The challenges of the digital economy are meaningful. What role do you see digital sovereignty playing in France’s economic future?
Éric Lombard: Digital sovereignty is crucial in today’s economy. It will allow us to protect our data and strengthen our industries against external pressures. I intend to push for investments in digital infrastructure and skills,which will not only enhance our competitiveness but also empower citizens and businesses to thrive in the digital world.This is an area ripe for innovation and economic growth.
Q: What advice would you give to the banking sector as you begin your tenure?
Éric Lombard: My advice would be for the banking sector to prioritize social responsibility alongside profitability. As we navigate economic challenges, banks must evolve to meet community needs and invest in sustainable initiatives. building trust and engaging with the communities they serve is not just a moral imperative; it is essential for long-term viability and growth in today’s socio-economic landscape.
Q: looking ahead, what are your aspirations for the French economy under your leadership?
Éric Lombard: My aspiration is to create an inclusive economy where growth benefits all sectors of society.By addressing wealth inequality, investing in critical areas such as infrastructure, education, and innovation, and ensuring that our digital strategies empower everyone, I believe we can build a more robust economic future for France.
This interview encapsulates Éric Lombard’s insights and strategies as the newly appointed Minister, providing readers with valuable perspectives on the evolution of the French economy, industry dynamics, and the push for social equity amidst ongoing reforms.