Press releases
Daniel Baal to become Chairman of the French Banking Federation effective September 1, 2025
Daniel Baal, Chairman of Crédit Mutuel, succeeds Slawomir Krupa, Chief Executive Officer of Société Générale Group, becoming Chairman of the French Banking Federation (FBF) effective September 1, 2025.
Daniel Baal began his career at Crédit Mutuel. In his native Alsace, he served as Director of Caisse de Crédit Mutuel Mulhouse-Europe and Head of Commitments for the Sud-Alsace Franche-Comté regional division.
In 2004, he became Chief Executive Officer of Fédération du Crédit Mutuel Île-de-France. He was appointed Deputy Chief Executive Officer of the Confédération Nationale du Crédit Mutuel in 2010, then of Crédit Industriel & Commercial (CIC) in 2014.
From June 2017 to April 2024, Daniel Baal headed Crédit Mutuel Alliance Fédérale and CIC, alongside Chairman Nicolas Théry. He was also Chief Executive Officer of Fédération du Crédit Mutuel Centre Est Europe.
On January 1, 2024, Daniel Baal became Chairman of the Boards of Directors of CIC and the Banque Fédérative du Crédit Mutuel (BFCM). In April 2024, Daniel Baal became Chairman of Crédit Mutuel Alliance Fédérale and Confédération Nationale du Crédit Mutuel.
Daniel Baal has been Vice-Chairman of the FBF since September 2024.
Jean-Laurent Bonnafé, Director and Chief Executive Officer of BNP Paribas, will become Vice-Chairman of the FBF and Stéphane Dedeyan, Chairman of the Management Board of La Banque Postale, will remain Treasurer. The other members of the Executive Committee are: Olivier Gavalda, Chief Executive Officer of Crédit Agricole S.A., Slawomir Krupa, Chief Executive Officer of Sociéte Générale Group, Nicolas Namias, Chairman of the Management Board of Groupe BPCE.
Founded in 2001, the FBF represents the 320 French and foreign banks that operate in France. It covers all banking and financial regulatory questions at the French, European and international level, as well as all subjects relating to banking’s role in society.
Daniel Baal, Chairman of the FBF as of September 1, 2025, commented as follows: “I warmly thank the Executive Committee of the French Banking Federation for its trust, and I commend the work of Slawomir Krupa, who has steadfastly championed the importance of our sector’s competitiveness for the future of Europe. Given the scale of the industrial, digital, ecological and societal challenges facing our country, the French banking sector is a key asset. The Federation will continue to support its universal and relationship-based banking model. Robust, innovative and committed to serving all its clients, it brings internationally recognised expertise and contributes directly to France’s sovereignty.”
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