Our Board of Directors
The Board of Directors sets the Group’s strategic priorities on the recommendation of the General Management, which implements them. It strives to promote long-term value creation, in line with the social and environmental challenges facing the Group. It has three general powers: to examine the Group’s strategic choices, to contribute to its smooth running and to give its prior approval to any significant investment or divestment decision, as well as to any significant strategic transaction falling outside the approved guidelines. It is also responsible for promoting CSR and overseeing risk management. It ensures that high-quality financial information is communicated.
It is composed of 14 Directors, including one representing employee shareholders and two representing employees. Their terms of office last three years.
The support of four specialised committees
Established within the Board of Directors, these committees make proposals to facilitate its work.
Financial Statements Committee
This committee monitors the process for preparing financial information, the effectiveness of internal control and risk management systems in accounting and financial matters, the statutory audit of the annual and consolidated financial statements by the Statutory Auditors, and the independence of the Statutory Auditors.
6 members
Internal Control, Risk Management and Compliance Committee
This committee reviews the overall strategy in terms of risks, including social and environmental risks, based on the indicators communicated to it under the framework set by the regulations in force. It considers any specific issues related to these matters and methods. It also examines issues relating to internal control, compliance and monitoring of compensation principles with regard to risks.
5 members
Corporate Governance, Ethics, Nominations and CSR Committee
This committee is responsible for monitoring compliance with corporate governance principles, taking account of regulatory developments and best practices in corporate governance. Its missions also include:
- identifying, selecting and ensuring the succession of Directors and committee members;
- conducting the periodic review of the process for the selection, appointment and succession of corporate officers;
- assessing the Board of Directors;
- assessing the independence of Directors;
- monitoring CSR issues and integrating them in the performance of its duties.
5 members
Remuneration Committee
This committee is responsible for the annual review of the Group’s compensation policy principles, as well as:
- the remuneration, allowances and benefits granted to the Company’s Directors and Corporate Officers and those of some of the Group’s major French subsidiaries;
- the remuneration of the regulated categories of personnel;
- overseeing the remuneration of the Head of Risk Management, the Head of Compliance and the Head of the Inspection Générale.
4 members