Mutual insurance: renewal of the management team at Macif

Change of era to the Macif. The mutual insurer, rattled for weeks by revelations about the pay of its president, announced Monday a vast renewal of its leadersh

Mutual insurance: renewal of the management team at Macif

Change of era to the Macif. The mutual insurer, rattled for weeks by revelations about the pay of its president, announced Monday a vast renewal of its leadership team. "The board of directors of the Macif group, which was held this day elected, by unanimous decision, Pascal Michard chairman of the Macif group," said the group niortais in a press release. He succeeds Alain Montarant, who had held the presidency since 2014 and had announced its intention not to renew his mandate. Jean-Marc Raby, director general of the group, has also expressed the same wish.

To give a new impulse to the insurer, it will be replaced by two leaders: Adrien Couret, 35 years old, named Monday by the board of directors director general and Jean-Philippe Dogneton, 53 years, chief executive officer.

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"The latest results of the group have demonstrated that Macif was well into a positive perspective and sustainable," said Jean-Marc Raby in a press release. Despite a very competitive environment, sales of the company rose 0.8 % in 2018, to reach $ 6.2 billion euros, supported by the commercial dynamism of the health and welfare insurance.

This reshuffling occurs especially in a context waved to the group. At the end of January, Le Canard enchaîné revealed that its board of directors had voted in December an appreciation of 62.5 % of the annual indemnification of Alain Montarant (260.000 euros). What had caused a stir internally. In February, protests of the employees are held up in front of the seat at the time of wage negotiations.

Updated Date: 29 May 2019, 00:00

Kathleen Lees

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