French presidency announces next AMF chairman

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French president Emmanuel Macron is set to appoint the current deputy governor of Banque de France, Robert Ophèle, as the next chairman of French financial watchdog Autorité des marchés financiers (AMF).

Ophèle’s application to the position has been backed by French prime minister Edouard Philippe and the ministry of Economy and Finance Bruno Le Maire.

The appointment is subject to the approval of the relevant commissions of the French national assembly and Senate.

Ophèle has been working at Banque de France since 1981 and is already a member of AMF’s college.

AMF’s new chairman will replace Gerard Rameix as from 1 August 2017 and his mandate will run for five years.

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