CNP Assurances, Board Meeting of 26 July 2012

PARIS, July 26, 2012 /PRNewswire/ --

To allow time to complete the selection process for a new Chief Executive Officer, at its meeting on 26 July 2012 the Board of Directors of CNP Assurances endorsed the recommendation of the Remunerations and Nominations Committee and decided to extend Antoine Lissowski's term as acting Chief Executive Officer.

Antoine Lissowski will serve in this capacity until the Board of Directors appoints a new Chief Executive Officer, at the latest during its meeting scheduled for 25 September 2012.

About CNP Assurances:

CNP Assurances is France's leading personal insurer, with revenue of €30 billion in 2011. Backed by over 150 years of experience in the business, its ambition is to offer to each and every one of its policyholders high quality products to protect them against the risks of everyday life and to meet their savings needs in each phase in their life.

Listed on the first market of the Paris Bourse since October 1998, CNP Assurances enjoys the backing of a core group of four major shareholders (Caisse des Dépôts et Consignations, La Banque Postale, Groupe BPCE and the French State) united by a shareholders' agreement.

CNP Assurances creates and manages personal insurance contracts, offering a comprehensive range of products in the three main segments of the market - savings, pensions and personal risk insurance. In France, it distributes personal insurance products through the Caisses d'Epargne, La Banque Postale and CNP Trésor networks, while in group insurance it partners over 300 financial institutions and leading mutual insurers, 20,000 regional and local authorities and hospitals and 4,600 companies.  

In international markets, CNP Assurances is pursuing a targeted growth strategy that focuses on exporting its leading edge competence through partnerships and acquisitions. It is present in eleven countries, mainly in Southern Europe and Latin America.

Press relations: CNP Assurances, Florence de Montmarin, +33(0)1-42-18-86-51; Tamara Bernard, +33(0)1-42-18-86-19, [email protected]; Investor & Analyst Relations: CNP Assurances, Jim Root, +33(0)1-42-18-71-89; Annabelle Beugin-Soulon, +33(0)1-42-18-83-66; Jean-Yves Icole, +33(0)1-42-18-94-93, infofi@cnp

SOURCE CNP Assurances

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED