CA Indosuez (Switzerland) SA - 2018 Annual Report

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Activity report 2018

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Board of Directors

2.1.

General information

of these companies. The composition of the Board of Directors and its committees reflects the governance framework of Crédit Agricole Group, which, in the case of some subsidiaries, allows the participation of Chairmen or Chief Executive Officers of member companies. Board members are appointed based on their integrity and skills. These are assessed in the light of their background, knowledge and experience. The suitability of Board members is assessed on an individual and collective basis, with a view to ensuring a diverse range of talents, complementary profiles and balance. As a whole, the Board of Directors must possess the necessary skills in each of the key areas of responsibility. The composition requirements also respect the requirements established by law and FINMA practices. The Board of Directors is backed by its two specialised committees: the Audit and Risk Committee and the Compensation Committee.

The CA Indosuez (Switzerland) SA Board of Directors consists of 10 members at 31 December 2018 (11 until 28 June 2018) who are appointed at the General Shareholders’ Meeting for a term of one year, expiring when the following Annual Shareholders’ Meeting convenes. Bastien Charpentier succeeded Olivier Desjardins on 1 January 2018. The General Meeting took note of the resignations of Messrs. Paul de Leusse and Christophe Gancel in late June and of Thierry Simon in December. Jacques Prost succeeded Paul de Leusse in late June. The Board of Directors extends its gratitude to the outgoing members for their contribution and commitment. One of the Vice-Chairmen is a Swiss resident. None of the members are on the Executive Committee. The majority of the members do not currently exercise any directorship functions at Crédit Agricole Group companies and have not done so in the past two years. Nor do they maintain close business relations with any

Back row, from left to right: Catherine Luyet Deiri (Secretary of the Board of Directors), Jean-François Deroche (Chief Executive Officer). Front row, from left to right: Thierry Simon, François Veverka, Jacques Bourachot, Christoph Ramstein, Cédric Tille, Giovanni Barone Adesi, Jean-Louis Bertrand, Jean-Yves Hocher, Bastien Charpentier, and Jacques Prost (Directors).