At its meeting held on 20 November 2003, the Dexia Board of Directors appointed
Mr Francis MAYER as Director, replacing Mr Philippe BOURGUIGNON on his resignation.
The appointment will be submitted for approval at the next General Meeting of
Francis MAYER, 53, is a language graduate and also graduated from
ENA, the National College of Administration, Michel de l'Hospital graduation
year (1977). In 1979 he joined the Treasury Department of the Ministry of Economy
and Finance. He remained there until 1999, apart from three years, between 1983
and 1986, during which he held the post of Deputy Director for France at the
World Bank in Washington.
Within the Treasury Department, Francis MAYER was successively Head of the Office
of National Banks and Finance Companies, Head of the Financial Market Office,
Assistant Head of Financing and, finally, Assistant Head of Savings and Financial
Market. In 1994 he became Deputy Director, Head of European and International
Francis MAYER was also President of the "Club de Paris" between 1997
He then joined the European Investment Bank (EIB) as Vice-Chairman. On 18 December
2002, he was appointed Managing Director of "Caisse des Dépôts
Francis MAYER is a Knight of the Legion of Honour and of the National Order
of Merit (France).