On September 1, 2004 Pierre Guillemet will join Calyon, the Crédit Agricole group's corporate and investment bank. He will take responsibility for banking information and processing systems, and will become a member of Calyon's Management Committee. Previously, Guillemet was the chief executive officer of Euro Securities Partners SAS, a joint BNP Paribas and Crédit Agricole subsidiary, which is responsible for the ownership and management of the account-maintenance platform used for the two banks' retail and private banking activities.

Pierre Guillemet, 46, is a graduate of Ecole Centrale Paris and began his career in 1981 as an IT project manager at CIC Paris. In 1986, he joined SCT Brunoy, a Crédit Agricole subsidiary specializing in account-maintenance, back office and IT services, where he occupied, in turn, the positions of head of the IT department (1987-1993), general manager in charge of IT and operations (1993-2000) and deputy chief executive (2000-2003).