Yves Perrier

Yves Perrier (born 1954 in Scionzier) is a French financial manager. He served as chief executive officer (CEO) of Amundi from the creation of the company in 2010 to 2021.

From 1987 onward, he successively held the roles of Chief Financial Officer at Société Générale, Executive Committee member at Crédit Lyonnais, Executive Committee member at Crédit Agricole, Deputy Chief Executive Officer of Calyon, which later became CACIB (the investment banking arm of Crédit Agricole), after which he was Chief Executive Officer for Crédit Agricole Asset Management (CAAM), which became Amundi in 2010.

During his career, he oversaw the merger of the investment banking activities at Crédit Lyonnais and Crédit Agricole in 2002–2003, then led and implemented the merger of Société Générale Asset Management and CAAM, creating Amundi group, which he brought to its introduction on the Paris stock exchange in 2015. In 2017, Perrier oversaw Amundi's acquisition of Pioneer Investments, a subsidiary of Unicredit.

Biography

Early life and education Yves Perrier was born in 1954 to a family from the Arve Valley in the Haute-Savoie region of France. His father is a craftsman who works in the field of bar turning, an activity that has a long history in the region. He also holds a degree as an Expert-comptable (the French equivalent of a CPA or Chartered accountant).

Career

1977–2010 Yves Perrier began his professional career in 1977. Growth has largely come from international sources, driven by increasing business with institutional clients and partner banking networks other than those of its shareholders. This overall strategy has also resulted in several workforce reduction plans. The IPO was the largest transaction in several years on the Paris stock exchange.

Contributions to the Paris Financial Centre In June 2010, Yves became Chairman of the Institutional Investors Committee of Paris Europlace. In this capacity, he published a report on savings in 2010 entitled: "The Development of Long-Term Savings." He was appointed vice-president of the association on 26 June 2018.

On 19 May 2015, Perrier became Chairman of the Association Française de la Gestion Financière (AFG, the French financial managers association), succeeding Paul-Henri de La Porte du Theil. On 30 May 2017, he became an honorary chairman of the association, handing over the chairmanship to Eric Pinon.

In 2020, with Jean-Dominique Senard, he is co-chair of a working group created by the Institut Montaigne and the Comité Médicis, resulting in the publication of a report entitled "Responsible capitalism: an opportunity for Europe". In it, Perrier and Senard call on Europe to become a continent of "responsible capitalism", by emphasizing long-term financing and the creation of a common legal framework in reaction to the economic impact of the COVID-19 pandemic. In 2018, the Financial Times published an article focusing on the relative remuneration of CEOs at the world's leading asset management companies noting that Yves Perrier's remuneration is one of the lowest in the industry.

In 2020, in the context of the COVID-19 pandemic, he gives up half of his €2 million bonus for 2019 in favor of a COVID-19 solidarity fund set up by Crédit Agricole for the benefit of elderly people.

Awards and distinctions

Received the "CEO of the Year" award from Financial News in 2017 Nominated among the "Strategists of the Year" by Les Echos in 2017 Received the "European Outstanding Achievement" award from Funds Europe magazine in 2018 Received the "CEO of the Year" award at the 2019 Investment Excellence Awards organized by the Global Investor Group Received the "Editor's Choice" award at the 2021 Asset Management Awards organized by Financial News