Nicolas Dufourcq is proposed by Elysée to be re-elected as head of Bpifrance, the Public Investment Bank, a position he has held for 10 years.
“The President of the Republic plans, at the proposal of the Prime Minister, to appoint Nicolas Dufourcq managing director of the Bpifrance public limited company,” according to the Elysée press release. His appointment must be approved by Parliament.
Nicolas Dufourcq will begin a new five-year term if his appointment is validated in Parliament.
At the age of 59, the CEO of Bpifrance has embodied, since its inception in 2013, the institution that has become a major player in financing, investing and supporting start-ups and SMEs in France.
Appointed in 2013 by then-President François Hollande, he had already seen his mandate renewed for the first time by Emmanuel Macron in 2018.
50% owned by the French State and 50% by Caisse des dépôts
This tax inspector, father of three children, began his career at the Ministry of Economy and Finance, then at the Ministry of Health and Social Affairs in 1992.
He then joined France Telecom, where he created the multimedia division, before heading up Wanadoo, the group’s internet and yellow pages subsidiary. He then moved on to the Capgemini IT services group, where he became number two.
Bpifrance is owned 50% by the French State and 50% by the Caisse des dépôts (CDC), at the head of which CEO Eric Lombard was re-elected in January.
The group with the yellow and black logo is the result of the merger of four existing public entities (Oséo, CDC Entreprises, FSI and FSI regions) and took over in 2017 the export insurance services previously managed by Coface.
Source: BFM TV
