Jacques Mayoux
Jacques Mayoux | |
|---|---|
| Born | 18 July 1924 Paris, France |
| Died | 2 April 2017 (92 years old) Neuilly-sur-Seine, France |
| Alma mater | HEC Paris Sciences Po École nationale d'administration |
| Occupation | CEO of Société Générale (1982-1986) |
Jacques Mayoux (born July 18, 1924 in Paris - April 2, 2017 in Neuilly-sur-Seine) was a senior French civil servant and investment banker.[1]
Biography
[edit]A graduate of HEC Paris, Jacques Mayoux also studied at the Sciences Po. He has a degree in law and letters. He was admitted to the École nationale d'administration in 1951, in the same Europe promotion as the future president of the republic Valéry Giscard d'Estaing.[2]
Jacques Mayoux was top of his class and became Financial Inspector (IF 1952).
Managing Director of Crédit Agricole from 1963 to 1975, he made it the leading banking group in France and Europe. At Crédit Agricole he refused several positions: in 1971, the presidency of the Banque Nationale de Paris (BNP) and in 1975 the presidency of the Société Nationale Industrielle Aérospatiale (SNIAS). He was dismissed by the supervisory ministry in 1975, reinstated as a civil servant, and carried out various missions.[3]
In 1978, the Raymond Barre Government nationalized the Sacilor steel industry. His boss Pierre Célier was replaced by Jacques Mayoux who became chairman and CEO from 1978 to 1982. He failed to turn the company around, the European steel industry as a whole being in crisis.
He is Chairman of Société Générale from 1982 to 1986.[4]
In September 1987, the European Commission charged him (with Hans Friderichs and Umberto Colombo) with a mission linked to the future of the steel industry in the European community.
In 1989, he was approached directly by the president of the American bank Goldman Sachs who wanted to meet him and was thus named vice-president of Goldman Sachs Europe. The bank has been seeking to establish itself in Europe since 1987. Jaques Mayoux brings a first business, the sale of the paper manufacturer Aussedat-Rey to the International Paper Company. In 2004, he was replaced by Charles de Croisset, former chairman and CEO of Crédit Commercial de France.[5]
He wrote a preface for the work Espèces de banquiers (1993) by François-Xavier de Fournas.
Books
[edit]- La politique du logement vue de Saint-Étienne : mémoire de stage, ENA (Section économique et financière), décembre 1949, 43 p.
- L'économie Européenne (les communautés économiques européennes), Paris, Les Cours de droit, 1965 (BNF 33095075)