Credit Agricole Corporate and Investment Bank (CIB), which is Credit Agricole Group’s corporate and investment banking arm, appointed Frederic Truchot as head of fixed-income markets.
Truchot, with over 20 years with Crédit Agricole, and most recently head of capital markets Japan, succeeds and will report to Jean-François Deroche, Credit Agricole-CIB’s senior regional officer for the Americas region and U.S. senior country officer.
Last December 2011, Deroche assumed the position as the bank’s senior officer in the Americas.
Truchot will report globally to Thomas Gadenne, global head of fixed income in Paris. Truchot, before assuming his most recent position in Japan in 2007, had a seven-year stint as head of derivatives sales and structuring for Asia ex-Japan, based in Hong Kong.
He joined the former Credit Lyonnais Montreal in 1988, prior to moving to Paris in 1992 to be part of the debt capital markets origination unit. In Paris, he was covering frequent issuers in the Nordic countries, Germany, Austria and some French financial and supranationals.
This was followed by an assignment involving derivatives marketing in London in 1998.
Aside from Truchot, Stephane Publie was named head of Coverage for Americas while Renaud Latreille was appointed as head of mergers and acquisitions for the U.S. and Canada.
All three appointees are based in New York City.
“It is a pleasure to announce the appointment of all three individuals, each of whom has extensive banking experience and have already distinguished themselves in other important positions with Crédit Agricole,” Deroche said. “Also, no less important, these promotions speak to our continuing commitment to serving our present clients and also expanding our role in the Americas, a market we view as remaining highly significant as part of our Bank’s increasing global and cross border activities and transactions.”