PARIS, April 16 French President Francois
Hollande on Wednesday put forward his former chief of staff,
Pierre-Rene Lemas, to head the state-owned bank Caisse des
Depots (CDC), his office said.
If Lemas' nomination is confirmed in parliament, he will in
effect be switching places with Jean-Pierre Jouyet, who is
coming from the CDC to be Hollande's chief of staff.
Lemas, 63, and Jouyet, 60, were both Hollande's class-mates
at France's Ecole Nationale d'Administration civil service
The Caisse des Depots is an active investor in the French
economy, holding direct stakes in companies such as telecom
operator Orange and Veolia Environnement and
lending to many others.
(Reporting by Leigh Thomas; Editing by Leila Abboud)