On September 15, 2022, Hélène Sauvan became the new Chairman of Banque Courtois' Management Board, a position that continues her career progression since she joined the company.

A graduate of KEDGE Business School and with the Crédit du Nord Group since the mid-90s, Hélène Sauvan has successively held various positions in the operating network in the Paris region and chaired the Management Board of Banque Kolb.

In her new role, she will have the onerous task of managing the SG Courtois region. This new entity, due to come into effect in January 2023, results from the merger of Banque Courtois with the Société Générale and SMC (Société marseillaise du crédit) networks in Occitanie.

The merger of the banks in the Crédit du Nord network with those of Société Générale is intended to create a new model for decentralized retail banking in France. This transformation project will be accompanied by 3,700 job cuts in France and the closure of 650 branches by 2025. Management promises "zero forced departures", relying on natural attrition estimated at 1,500 a year between now and 2025. The detailed impact of the merger in the Occitanie region is not yet known, but among the unions there are serious concerns about employment, given the overlapping of networks in certain towns, such as Toulouse. - toulouse.latribune.fr