La Française has announced that Philippe Marini (pictured) and Jean-Baptiste de Franssu are now part of its supervisory board.
Since 2006, La Française has implemented a governance structure based on an executive board and a supervisory board.
In order to meet the strictest governance requirements, La Française has opened its supervisory board to two independent specialists of the property and financial sector.
Marini and De Franssu are joining André Halipré, vice chairman of the Crédit Mutuel Nord Europe Federation, and Eric Charpentier, chief executive officer of Crédit Mutuel Nord Europe.
Marini is the mayor of Compiègne. He is also president of the Greater Compiègne urban community (ARC) and of the Syndicat Mixte de la Vallée de l’Oise (SMVO, Joint Union of the Oise Valley).
He has served on the Gimar et Cie supervisory board since 1999 and became chairman of their management board on 8 January 2015.
Marini worked at the French Atomic Energy Commission (CEA), where he held roles of deputy director (1979-1982) and director of Financial Services (1982-1989). At the same time, he was Financial Director of CEA Industrie.
Within the private financial sector, he then became a member of the executive board of Arjil bank (1989-1994), vice chairman of the supervisory board of Kleinwort-Benson-Gimar et Cie, a lawyer at the Paris bar.
He then moved to the Euroarbitration centre, specialised in settling disputes in market transactions, where he worked as chairman of the standing committee. Marini was also part of the supervisory board of Guyenne et Gascogne until April 2010.
During its mandate of senator of Oise from 1992 to 2015, Marini was rapporteur general of the Senate Finance Committee from 1998 to October 2011, after which he became chairman of the Senate Finance Committee until October 2014.
Marini resigned as senator on January 2015.
De Franssu is the chairman of Incipit, a M&A advisory and consulting firm which he founded in 2011.
He is non-executive director of Acofi, Petercam and Tages. He presides over the Istituto per le Opere di Religione (IOR) since July 2014.
De Franssu started his career as a financial editor with the French business publication Investir. As of 1987, he held a position of director at TGF, a subsidiary of the Caisse des Dépôts et Consignations, a French public financial institution.
In 1990, he took over the management of Invesco Europe and became a member of the Invesco Worldwide management committee in 2000 until October 2011.
De Franssu has been elected vice-president of the European Fund and Asset Management Association (EFAMA) in 2007. He then presided it from 2009 until 2011.
(Photo credit ©Public Senat)