A new strategic milestone for Indosuez Wealth Management. The Crédit Agricole Group’s wealth management subsidiary is undergoing a major organizational overhaul, aligning its governance with its European ambitions in the wake of the acquisition of Degroof Petercam. This structural transformation marks a significant leap forward.
A more agile, business-focused organization
Historically structured around five geographic divisions (Belgium, France, Switzerland/Asia/Middle East, Monaco, and Luxembourg for the rest of Europe), Indosuez is now adopting a more cross-functional hybrid model. Three new strategic business divisions are strengthening the organization, under the direct supervision of Jacques Prost, CEO:
Advisory, Financing & Coverage
Investment Management
Fund, Technology & Banking Services
Objective: to accelerate the integration of expertise and offer a more seamless service, better aligned with the expectations of a demanding clientele—entrepreneurs, high-net-worth families, and institutional investors.
Three key figures to lead the transformation
To embody this new dynamic, three experienced executives are taking the helm of the new divisions:
Mathieu Ferragut, appointed Deputy CEO, leads the Advisory, Financing & Coverage division. He will temporarily retain leadership of CFM Indosuez in Monaco. This division encompasses the front office, wealth advisory, financing, insurance, real estate, markets, marketing, and business development.
Peter de Coensel, Director of DPAM, is taking the helm of the Investment Management division. He will oversee activities related to public and private markets, discretionary management, ESG solutions, and Wealth Management offerings.
Pierre Masclet has been appointed Deputy CEO in charge of the Fund, Technology & Banking Services division. He will continue to lead Azqore pending the appointment of a successor. He oversees IT, operations, digital (including WDX), data/AI, fund servicing, and cybersecurity.
Looking Ahead to 2026–2028
This new organizational structure lays the groundwork for the 2026–2028 Mid-Term Plan, which will be presented in late 2025. For Jacques Prost, this evolution is a direct response to Indosuez’s new scale:
"By structuring our expertise around business divisions, we aim to offer more integrated support and lay the foundations for our future growth."
The three executives, who spearheaded the integration of Degroof Petercam, will be tasked with implementing the operational roadmap for their respective divisions.
Indosuez Wealth Management is shifting into high gear with a governance structure that reflects its ambitions. By combining geographic and business logic, the bank is adopting a more agile model, capable of addressing the challenges of a rapidly changing sector.
A new governance structure for a new era of wealth management: more integrated, more expert, more ambitious.
More information here
