The board of directors of French insurer CNP
Assurances has appointed Frédéric Lavenir as its CEO.

Lavenir’s role will become effective on 26
September 2012, while Antoine Lissowski will continue to serve as
acting CEO until then.

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Jean-Paul Faugère, chairman of the
CNP Assurances Board of Directors, said that thanks to
Lavenir’s experience as chairman and CEO of BNP Paribas Lease
Group, he has acquired an in-depth understanding of a business
model based on a partnership with distribution networks.

Faugère said Lavenir has also served as the
French government regulator for insurance companies, which gives
him “a clear advantage” given the regulatory changes currently
reshaping the sector.

Lavenir was born in 1960 and graduated from École des
Hautes Études Commerciales (HEC) and Ecole Nationale
d’Administration (ENA). He is Vice President of France’s Association for the Right to Economic
Initiative (ADIE).

After serving as a Finance Inspector from 1986 to 1990, he
joined the French Treasury, initially as head of banking
regulations and then as director of the insurance company office.
In 1995, he was appointed secretary general of the Interministerial
Committee for Industrial Restructuring (CIRI), then served as
deputy director of the Office of the Minister of the Economy and
Finance from 1997 to 2000.

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He joined BNP Paribas in early 2001 as chief operating officer
of BNP Paribas Lease Group and was named the business line’s
chairman and CEO in 2002.

Since January 2007, he has been
head of group human resources at BNP Paribas and a member of the
executive Committee.