Étienne Pflimlin

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
Thonon-les-Bains, Haute-Savoie, France
EducationÉcole Polytechnique
Sciences Po
École nationale d'administration
OccupationBanker
Children2
Parent(s)Pierre Pflimlin
RelativesBertrand-Louis Pflimlin (paternal cousin)
Rémy Pflimlin (paternal cousin)

Early life

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

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

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
  1. "Crédit Mutuel: Pflimlin démissionne". Le Figaro. September 6, 2010. Retrieved December 5, 2016.
  2. 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.
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