Financial Times FT.com

Chief to bow out at Crédit Agricole early

By Scheherazade Daneshkhu in Paris

Published: November 7 2009 02:00 | Last updated: November 7 2009 02:00

Georges Pauget is to step down as chief executive of Crédit Agricole early next year, which is sooner than expected, following political infighting at France's second-biggest bank.

An announcement is expected as early as Tuesday when the board meets to approve the bank's third-quarter results.

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