Credit Agricole Bank in Ukraine announces the appointment of Philippe Brassac as Chairman of the Supervisory Board

Kyiv, October 3^rd, 2025 — Credit Agricole Bank in Ukraine is proud to announce the appointment of Philippe Brassac, former Chief Executive Officer of Crédit Agricole Group, as Chairman of the Supervisory Board of JSC “Credit Agricole Bank” effective now onwards. He replaces Michel Le Masson, who becomes Vice-Chairman of the Supervisory Board.

Philippe Brassac is a distinguished financier with more than 40 years of experience in the banking sector, having devoted his whole career to Crédit Agricole Group. Over the past decade until May 2025, he served as the CEO of Crédit Agricole S.A., making a significant contribution to strengthening the Group’s international position while upholding its core values of mutual support, resilience, and innovation.

Mr. Brassac has always expressed strong support for Ukraine, especially since the beginning of the full-scale war. During the most difficult periods, he stood for the uninterrupted functioning of the Ukrainian bank, the preservation of jobs, support for employees, and support to Ukrainian society. “Providing help to Ukraine is not just a gesture of solidarity. It’s an expression of our trust in the Ukrainian people, in their courage, resilience, and aspiration for a better future. Credit Agricole Bank in Ukraine is an integral part of our Group, and I am proud to contribute to the further development of the bank at this critical time.” Philippe Brassac commented. 

Mr. Brassac’s appointment symbolizes the continuity of Crédit Agricole Group’s long-term policy of presence in Ukraine and the further integration of the bank into global standards of sustainable development, innovation, and client project.

“It is a great honor for us to have such a leader with strong reputation and strategic vision. Mr. Brassac’s support has always been invaluable to our bank. His appointment is a recognition of our work and a clear signal that Crédit Agricole Group sees a strong future in Ukraine.” Carlos de Cordoue, CEO of Credit Agricole Bank in Ukraine, added.