the underside of the eviction of the boss

by time news

2023-08-03 06:34:27

Philippe Heim’s mandate was renewed for five years in February. Rumors of his ousting had been circulating for a few days, however. Mylene Deroche/IP3 PRESS/MAXPPP

STORY – Philippe Heim, head of the La Poste subsidiary since 2020, was dismissed from his post on Wednesday.

A twist at La Banque Postale. The banking subsidiary of the La Poste group announced Wednesday afternoon the departure of its boss, Philippe Heim. “After accelerating the transformation of the La Banque Postale model, Philippe Heim is leaving the chairmanship of the La Banque Postale management board to devote himself to new development projects in responsible finance”indicates the young public bank.

The manager, former Deputy Chief Executive Officer of Société Générale, where he spent a large part of his career, took over as head of La Banque Postale in September 2020. He replaced Rémy Weber, who left “following a divergence of views on the governance of CNP Assurances”.

Commitments too risky

The departure of Philippe Heim is a surprise: his mandate was renewed for five years last February. But the rumor of his eviction circulated for a few days. The decision was recorded Wednesday morning during the supervisory board of La Poste, the shareholder of La Banque Postale. She would have…

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