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BPCE supervisory board backs Perol despite investigation
February 7, 2014 / 10:47 AM / 4 years ago

BPCE supervisory board backs Perol despite investigation

PARIS, Feb 7 (Reuters) - The supervisory board of BPCE, France’s second-biggest retail lender, confirmed that Chief Executive Francois Perol had been put under investigation to determine if his nomination to head the group in 2009 represented a conflict of interest.

“The supervisory board took note of this information and wanted to testify unanimously its confidence in Francois Perol,” BPCE said in a statement on Friday. (Reporting by Maya Nikolaeva; Editing by James Regan)

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