Crédit Agricole hires Varloot for risk role

Etienne Varloot joins as CIB head of market and counterparty risk

Etienne Varloot
Etienne Varloot: started in his new post at Crédit Agricole on March 26

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, understands.

Varloot, who started in his new post on March 26, is based in Paris and reports to chief risk officer 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 the global markets

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