Our governance

The Grameen Crédit Agricole Foundation is administered by a Board composed of 12 members, elected for a three-year period. Chaired by Jean-Marie Sander, its members include five representatives of Crédit Agricole Group (in addition to the President, Raphaël Appert, Paul de Leusse, Bernard Lepot and Jean-Pierre Paviet), three representatives of Grameen Trust (Professeur Yunus, Professeur Latifee and Mohammad Shahjahan) and four qualified representatives (H.R.H  Maria Teresa Grand Duchess of Luxembourg, Soukeyna Ndiaye Bâ, Beatriz Armendariz and Jean-Michel Severino).

Moreover, the Board of Directors has two specialised committees:

 

 

The Board of Directors

H.R.H. Maria Teresa Grand Duchess of Luxembourg


UNESCO Goodwill Ambassador

Since 10 June 1997, Her Royal Highness the Grand Duchess has been a UNESCO Goodwill Ambassador for the promotion of microcredits and for the education of women and girls throughout the world. The Grand Duchess supports projects dealing with improvement in the quality of life of girls, women and their families, thanks to the implementation of education programmes and the granting of microcredit. In 2007, the Grand Duchess was named "Eminent defender of the children" of Unicef - in this quality she gets involved especially in favour of the AIDS orphans and the children-soldiers.

The Grand Duchess is Chairwoman of Fondation du Grand-Duc Henri et de la Grande-Duchesse Maria Teresa. The aim of this Foundation is to help needy people in Luxembourg. It also supports development assistance projects.

The Grand Duchess is also Chairwoman of the Luxembourg Red Cross and Honorary Chairwoman of the Luxembourg Foundation Against Cancer, as well as Honorary Chairwoman of the Foundation for Research on AIDS Research. The Luxembourg League of Medical and Social Prevention and Action is placed under her High Patronage.
 
She is High Protector of the SOS Villages d’Enfants Monde Association and an member of the International Paralympic Committee Honorary Board. She is also an active member of the Mentor Foundation, which was created under the sponsorship of the World Health Organisation, which works to prevent drug use by young people.

Her Royal Highness was named Doctor Honoris Causa at Seton Hall University (New Jersey, USA, October 1999) and the University of León (Nicaragua, February 2003).

On 13 June 2006, she received the “Path to Peace Award 2006” in New York, a prize awarded each year to a key figure of public life who has distinguished him or herself through humanitarian and social commitment.

She holds a Bachelor’s degree in Political Science from the University of Geneva.

Raphaël APPERT


Managing Director of Caisse Régionale Centre-Est

Raphaël Appert joined Crédit Agricole’s Caisse Régionale de Reims in 1983. After having been Managing Director of Crédit Agricole Val de France for four years, he became Managing Director of Crédit Agricole Centre Est on 1st January 2010.
 
Raphaël is FNCA Senior Vice-Chairperson and Director of the Grameen Crédit Agricole Microfinance Foundation. He is also .
 
He is a graduate from EDHEC (Lille Business School).

Beatriz ARMENDARIZ


Lecturer in Economics at Harvard University

Beatriz Armendariz holds a Ph.D in Economics. She teaches Economics at Harvard University and University College London. She has written several academic articles, which have been published in American, French, Belgian and Mexican journals. She is also co-author of the book “The Economics of Microfinance” (MIT Press 2010), along with Prof Jonathan Morduch, and “Handbook of Microfinance” (Word Scientific Publisher, 2010, London - Singapore), along with Prof Marc Labie.

Beatriz has worked as a researcher at the OECD in Paris, and she is an affiliated researcher with the David Rockefeller Center for Latin American Studies in the United States and the Centre for European Research in Microfinance in Belgium. Her research deals mostly with development economics, financial inclusion and microfinance. She founded Grameen Replications in Chiapas, Mexico, in the 1990s.

Paul DE LEUSSE


Chief Executive Officer of CA Indosuez Wealth Management

Paul de Leusse started his career as consultant in the corporate consulting sector (1997-2004) before becoming an associate director at Mercer Oliver Wyman (2004-2006). He then joined Bain & Company as a partner. He joined Crédit Agricole S.A. as Head of Group Strategy in April 2009. In April 2011 he was appointed Chief financial Officer of Crédit Agricole Corporate and Investment Bank. In August 2013, Paul de Leusse became Deputy Chief Executive Officer of Crédit Agricole CIB.

Paul de Leusse, who joined the Board of Directors of the Grameen Crédit Agricole Foundation in March 2016, is the Chief Executive Officer of CA Indosuez Wealth (Group).

Paul is a graduate of Ecole Polytechnique; he also graduated in civil engineering from Ecole Nationale des Ponts et Chaussées.

Professor H. I. LATIFEE


Former Managing Director of Grameen Trust

Professor Huzzatul Islam Latifee is Managing Director of Grameen Trust, the international branch of Grameen family, which has implemented more than 150 replication programmes of the Grameen model in over 40 countries.

Before joining Grameen Trust in 1994, Professor Latifee taught economics at the University of Chittagong. Thanks to his extensive experience with Grameen Bank, Grameen Trust and Grameen’s partners around the world, he is an expert in the field of microfinance and poverty reduction.

Professor Latifee is a member of the Board of a number of microfinance organisations and social businesses, especially in the United States (Grameen America Inc.), India (Microcredit Initiative of Grameen), Nepal (Nirdhan Utthan Bank Ltd), China (Songpan-Aba Microcredit Company Ltd in Sichuan and Microcredit Company Ltd in Inner Mongolia), and Bangladesh (Grameen Intel, Grameen Telecom, Yunus Center, Yunus Foundation, Grameen Communication, Grameen Shakti, Grameen Fabrics and Fashions Ltd). He is also President of Grameen Latin America LLC, of Grameen Carso in Mexico, as well as of Grameen Aval and Grameen Caldas in Colombia.

He holds a Bachelor of Arts and a Master of Arts from the University of Dhaka in Bangladesh, as well as a Master of Arts in Development Economics from the University of Boston.

Bernard LEPOT


Former Managing Director of Caisse Régionale Nord Midi-Pyrénées

Bernard Lepot spent his whole carrier in Credit Agricole. After graduating in economic science, he started his carrier in 1976 as an executive manager in the Caisse Régionale du Midi. Then he occupied different managing positions in several Caisses Régionales of Crédit Agricole. In 1995 he was appointed Managing Director of the Caisse Régionale du Sud-Ouest, then Managing Director of the Caisse Régionale Nord Midi-Pyrénées, which results from the merging of two Caisses Régionales of Credit Agricole. Bernard Lepot managed this Caisse Régionale from 2001 until he retired in September 2013.

At the same time he chaired the computing group Inforsud and the private equity company Grand Sud-Ouest Capital. At a national level, Bernard sat on the Board of Directors of different subsidiaries of the Group: Crédit Agricole Egypt, CAMCA and PACIFICA.

Bernard Lepot was a member of the Federal Bureau of the Fédération Nationale du Crédit Agricole from 2008 to 2013 and member of the Board of Directors of Crédit Agricole S.A. from 2010 to 2013 and therefore member of its strategic Committee.

Bernard joined the Board of Directors of the Grameen Crédit Agricole Foundation in February 2014.

Soukeyna N'DIAYE BÂ


Executive Director of INAFI International Foundation

Soukeyna N’Diaye Bâ has a degree in Sociology and is specialised in management. She was Minister of Decentralised Cooperation and Regional Planning of Senegal, in charge of Regional and Local Economic Development, from November 2002 to May 2005.

Founding Member (in 1987) and President of Femme Développement et Entreprise en Afrique (FDEA), the first microfinance institution of female entrepreneurs in the informal sector in Senegal, she is a specialist in microfinance.

She has more than 20 years of experience in international development, via programmes of United Nations agencies and via various regional and international institutions in the United States, Europe, Asia and Africa.

Soukeyna is currently Executive Director of INAFI International Foundation, a global network of more than 300 microfinance institutions from countries of the South, and whose international secretariat is based in Dakar, Senegal.

Jean-Pierre PAVIET


Chairman of Caisse Régionale des Savoie

A graduate of the Ecole Supérieure des Sciences Commerciales Appliquées (ESLSCA Paris) and with a degree in chartered accounting, Jean-Pierre Paviet began his career as auditor and then team leader at auditing firm Deloitte in Paris. He joined GEER (tourism planning and development) in 1981 as financial controller and then founded SOFINEIGE in 1985, and remains Chairman of the company.

He became a Board member of Caisse Régionale des Savoie in 1992 and was appointed Chairman in 2010. He also holds a number of positions on national bodies of the Crédit Agricole Group and at several subsidiaries. Jean-Pierre Paviet joined the Board of Directors of the Grameen Crédit Agricole Foundation in July 2017 and replaces Raphael Appert at the project committee.

Jean-Marie SANDER


Chairman

Born on December 23, 1949 at Ohlungen (Alsace, France), Jean-Marie Sander takes over the family farm specialised in hop culture at the age of 20. Besides from his farmer occupation, Jean-Marie Sander holds some elective responsibilities at Credit Agricole d’Alsace: he was Director at the local branch, Director, and then Chairman of Caisse Régionale de Crédit Agricole d’Alsace, and since 2001, Chairman of the Caisse Régionale d’Alsace et des Vosges.

In Crédit Agricole , Jean-Marie Sander also holds national mandates. He sits at the federal institutions: FNCA (National Federation of Credit Agricole) that he has chaired from 2003 to 2010, year of his election as Chairman of Crédit Agricole S.A. He also chaired the SAS Rue La Boétie, the majority shareholder of Crédit Agricole S.A.

Besides his farming activities and the mandates that he holds at Credit Agricole, Jean-Marie Sander was early involved at the service of agriculture and more generally in the social and economic life of his region. He has been President of the Agricultural Chamber of Alsace until 2003, and until 2010, Chairman of the Social and Economic Council of Alsace. From 2001 until 2010 he has been a member of the National Social and Economic Council. Jean-Marie Sander is also mayor of the city of Ohlungen – Alsace.

Since March 2012, Jean-Marie Sander chairs the Board of Directors of the Grameen Credit Agricole Foundation. Since October 2010 he chairs the CICA – International Confederation of Agricultural Credit. He is a member of the Board of Directors of “un Avenir Ensemble” – a Foundation of public interest.

Jean-Marie Sander is Knight of the Legion of Honor, Officer of the National Order of Merit and Commander of the Agricultural Merit.

Jean-Michel SEVERINO


Managing Director of Investisseurs et Partenaires Conseil

Director of the French Development Agency from 2001 to 2010, Managing Director of « Investisseurs et Partenaires  conseil » (I&P conseil) and Inspector General of Finances, Jean-Michel Severino was the director for Central Europe at the World Bank and its vice-president for Asia. He has been grappling for many years with the enormous challenges facing emerging countries.

He is also a member of the “high-level consultative committee” of the African Development Bank (ADB), set up in 2006 to advise on its strategic vision. He has also produced numerous publications notably on the subjects of public development aid, urbanization and conflicts relating to water.

Jean-Michel publishes regularly in the French and international press. On 21 October 2007, together with Josette Sheeran, Donald Kaberuka, Kemal Dervis, Pascal Lamy, Abdou Diouf and Supachai Panitchpakdi, he launched the Ideas for Development blog on which the authors share their visions of the great challenges faced by developing countries and the best solutions for addressing them. He published two books in 2010: "Idées recues sur le développement", with Jean-Michel Debrat (published by Cavalier Bleu), and "Africa’s moment," with Olivier Ray (pub. Odile Jacob). His latest book, “Le grand basculement”, also co-written with Olivier Ray, was released on 6 October 2011 (pub. Odile Jacob).

Mohammad SHAHJAHAN


Former Acting Managing Director of Grameen Bank

Mohammad Shahjahan began his career at Grameen Bank in 1984. He is currently Acting Managing Director and Head of the Accounts, Finance, Planning, Monitoring and Evaluation Division of Grameen Bank. He is also member of the Board of several companies of the Grameen family. These companies work in the fields of agriculture, welfare, renewable energy, telecommunications, venture capital and investment banking.

Mohammad Shahjahan obtained an accounting diploma (B. Com) with honours from the University of Dhaka in 1976, as well as a Master’s degree in Accounting and a Master’s degree in Finance from the same university, in 1977 and 1981 respectively.

Professor Muhammad YUNUS


2006 Nobel Peace Prize Laureate

Muhammad Yunus taught economics at Middle Tennessee University from 1969 to 1972. Returning to Bangladesh in 1972, he became head of the Economics Department of the University of Chittagong. The Grameen Bank Project, launched under his impetus in 1976, was transformed into a fully-fledged bank in 1983, with the support of the bangladeshi government.

Muhammad Yunus is a member of the Board of several national and international organisations and companies, including Grameen Danone Food Ltd and Danone Communities Fund.

He was awarded the Légion d'honneur by President Chirac in May 2004. In 2006, he was co-awarded the Nobel Peace Prize along with the Grameen Bank “for their efforts to create economic and social development from below”.

He is the author of “Banker to the Poor”, “Creating a World Without Poverty: Social Business and the Future of Capitalism” and "Building Social Business".

Professor Yunus holds a Ph.D. in Economics from Vanderbilt University (United States) as well as a Master of Arts and a Bachelor of Arts from the University of Dhaka (Bangladesh).