The Supervisory Board of BPCE approves the adoption of a new senior management structure for the group

As announced on February 25, 2010 when the group published its annual results, BPCE is adopting a new organization consistent with its 2010/2013 strategic plan:

• Olivier Klein, the former Chairman of the Management Board of the Caisse d’Epargne Rhône-Alpes, is joining the Management Board of BPCE in the capacity of Chief Executive Officer – Commercial Banking and Insurance, and will be responsible for the two Banque Populaire and Caisse d’Epargne Development Departments. These departments will remain distinct, however, in accordance with the principle underlying the development of this core business line, which requires promoting competition between the two networks for all types of clientele. Prior to this date, he served as Chairman of the Management Board of the Caisse d’Epargne Rhône-Alpes.
• Philippe Queuille is joining the Management Board of BPCE in the capacity of Chief Executive Officer – Operations and oversight for the reorganization of the central institution. Prior to this date, he served as Deputy Chief Executive Officer - Operations of BPCE.
  François Blancard, Chief Executive Officer of Crédit Foncier de France, is joining the Executive Committee.
• Bruno Deletré, Chief Executive Officer of Financière Océor (which may change its name in the future to BPCE International et Outremer provided the necessary authorizations are obtained) is joining the Executive Committee.

The membership of the General Management Committee is now as follows:

- François Pérol, Chairman of the Management Board,

- Olivier Klein, Chief Executive Officer – Commercial Banking and Insurance, member of the Management Board,

- Philippe Queuille, Chief Executive Officer – Operations and oversight for the reorganization of the central institution, member of the Management Board,

- Nicolas Duhamel, Chief Financial Officer, member of the Management Board,

- Jean-Luc Vergne, Chief Executive Officer – Human Resources, member of the Management Board,

- Laurent Mignon, Chief Executive Officer of Natixis,

- François Riahi, Deputy Chief Executive Officer - Strategy.

Furthermore, the Executive Committee, which includes the members of the General Management Committee, also includes the following:

- François Blancard, Chief Executive Officer of Crédit Foncier de France

- Bruno Deletré, Chief Executive Officer of BPCE International et Outremer

- Dominique Garnier, Director – Commercial Banking Coordination

- Martine Lefebvre, Director – Internal Audit Department

- Isabelle Maury, Director – Group Risks

- Laurence May, Director – Compliance and Group Security

- Yves Messarovitch, Director – Corporate Communications