Etienne Varloot has left Natixis to join the corporate and investment banking arm (CIB) of rival Crédit Agricole as global head of market and counterparty risk, Risk.net understands.
Varloot, who started on March 26, is based in Paris and reports to the chief risk officer of Crédit Agricole’s investment bank, Jean-Francois Balay.
A spokesperson for Crédit Agricole CIB declined to comment beyond saying Eric de Lambilly – Varloot’s predecessor at the bank – will become chief operating officer of
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