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. Early lifeÉtienne 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] CareerPflimlin 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 lifePflimlin 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
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