Our gouvernance

The Grameen Crédit Agricole Microfinance Foundation is managed by a 12-member Board of Trustees elected for a three-year term.

The Foundation is honoured by the participation in its Board of H.R.H. the Grand-Duchess of Luxembourg and Prof Yunus, recipient of the 2006 Nobel Peace Prize.

The Board met for the first time on 4 October 2008 and elected René Carron as Chairman of the Foundation and Prof Latifee, the Managing Director of Grameen Trust, as Vice-Chairman of the Foundation.

It also appointed Jean-Luc Perron Managing Director of the Foundation.

The Board created two specialised committees: the Project Committee and the Ethics Committee.

  • The Project Committee has received a mandate from the Board to deliberate on the financing or investment proposals submitted to it after analysis by the Managing Director. The committee is made up of four members: Mr Luc Démazure, Chairman; Prof Latifee; Mr Yves Couturier; and Mr Jean-Luc Perron.
  • The Ethics Committee is in charge of seeing to it that the Foundation’s ethical principles and deontology are respected. It is made up of three trustees: Mr Daniel Lebègue, Chairman; Prof Latifee; and Mr Raphaël Appert.

More on the Foundation’s mission…

Born on December 23, 1949 at Ohlungen (Alsace, France), Jean-Marie Sander at the age of 20 takes over the family farm specialized in hop cultures. Besides from his farmer occupation, Jean-Marie Sander holds some elective responsibilities at Credit Agricole d’Alsace: he was Director at the local branch, Director, and then Chairman of Caisse Régionale de Crédit Agricole d’Alsace, and since 2001, Chairman of the Caisse Régionale d’Alsace et des Vosges.

In the Crédit Agricole group, Jean-Marie Sander also holds national mandates. He sits at the federal institutions: FNCA (National Federation of Credit Agricole) that he has chaired from 2003 to 2010, year of his election as Chairman of Crédit Agricole S.A. He also chaired the SAS Rue La Boétie, the majority shareholder of Crédit Agricole S.A. Jean-Marie Sander currently presides the Board of Directors of Crédit Agricole S.A. (since the 19th of May 2010), he is Vice President of FNCA and Vice President of SAS Rue La Boetie.

Besides his farmer activity and the mandates that he holds at Credit Agricole, Jean-Marie Sander was early involved at the service of agriculture and more generally in the social and economic life of his region. He has been President of the Agricultural Chamber of Alsace until 2003, and until 2010, President of the Social and Economic Council of Alsace. From 2001 until 2010 he has been a member of the National Social and Economic Council.

Jean-Marie Sander is also mayor of the city of Ohlungen – Alsace.

Among his other mandates: Jean-Marie Sander presides the Board of Directors of Grameen Credit Agricole Microfinance Foundation, since March 2012. In October 2010, he has been elected as Chairman of CICA – International Confederation of Agricultural Credit. He is a member of the Board of Directors of “un Avenir Ensemble” – a Foundation of public interest.

Jean-Marie Sander is Knight of the Legion of Honor, Officer of the National Order of Merit and Commander of the Agricultural Merit.

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Recipient of the 2006 Nobel Peace Prize

Muhammad Yunus taught economics at Middle Tennessee University from 1969 to 1972. Returning to Bangladesh in 1972, he became head of the Economics Department of the University of Chittagong.

The Grameen Bank Project, launched under his impetus in 1976, was transformed into a fully-fledged bank in 1983, with the support of the bangladeshi government.

Muhammad Yunus is a member of the Board of several national and international organisations and companies, including Grameen Danone Food Ltd and Danone Communities Fund.

He was awarded the Légion d'honneur by President Chirac in May 2004. In 2006, he was co-awarded the Nobel Peace Prize along with the Grameen Bank “for their efforts to create economic and social development from below”.

He is the author of “Banker to the Poor”, “Creating a World Without Poverty: Social Business and the Future of Capitalism” and "Building Social Business".

Prof Yunus holds a Ph.D. in Economics from Vanderbilt University (United States) as well as a Master of Arts and a Bachelor of Arts from the University of Dhaka (Bangladesh).
 

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Since 10 June 1997, Her Royal Highness the Grand Duchess has been a UNESCO Goodwill Ambassador for the promotion of microcredits and for the education of women and girls throughout the world. The Grand Duchess supports projects dealing with improvement in the quality of life of girls, women and their families, thanks to the implementation of education programmes and the granting of microcredit. In 2007, the Grand Duchess was named "Eminent defender of the children" of Unicef - in this quality she gets involved especially in favour of the AIDS orphans and the children-soldiers.

The Grand Duchess is Chairwoman of Fondation du Grand-Duc Henri et de la Grande-Duchesse Maria Teresa. The aim of this Foundation is to help needy people in Luxembourg. It also supports development assistance projects.

The Grand Duchess is also Chairwoman of the Luxembourg Red Cross and Honorary Chairwoman of the Luxembourg Foundation Against Cancer, as well as Honorary Chairwoman of the Foundation for Research on AIDS Research. The Luxembourg League of Medical and Social Prevention and Action is placed under her High Patronage.
 
She is High Protector of the SOS Villages d’Enfants Monde Association and an member of the International Paralympic Committee Honorary Board. She is also an active member of the Mentor Foundation, which was created under the sponsorship of the World Health Organisation, which works to prevent drug use by young people.

Her Royal Highness was named Doctor Honoris Causa at Seton Hall University (New Jersey, USA, October 1999) and the University of León (Nicaragua, February 2003).

On 13 June 2006, she received the “Path to Peace Award 2006” in New York, a prize awarded each year to a key figure of public life who has distinguished him or herself through humanitarian and social commitment.

She holds a Bachelor’s degree in Political Science from the University of Geneva.

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Vice-Chairman of the Grameen Crédit Agricole Microfinance Foundation

Professor Huzzatul Islam Latifee is Managing Director of Grameen Trust, the international branch of Grameen family, which has implemented more than 150 replication programmes of the Grameen model in 40 countries.

Before joining Grameen Trust in 1994, Huzzatul Islam Latifee taught economics at the University of Chittagong. Thanks to his extensive experience with Grameen Bank, Grameen Trust and Grameen’s partners around the world, Prof Latifee is an expert in the field of microfinance and poverty reduction.

Professor Latifee is a member of the Boards of numerous microfinance organisations and social businesses, especially in the United States (Grameen America Inc.), India (Microcredit Initiative of Grameen), Nepal (Nirdhan Utthan Bank Ltd), China (Songpan-Aba Microcredit Company Ltd in Sichuan and Microcredit Company Ltd in Inner Mongolia), and Bangladesh (Grameen Intel, Grameen Telecom, Yunus Center, Yunus Foundation, Grameen Communication, Grameen Shakti, Grameen Fabrics and Fashions Ltd).

He is also President of Grameen Latin America LLC, of Grameen Carso in Mexico, as well as of Grameen Aval and Grameen Caldas in Colombia.

He holds a Bachelor of Arts and a Master of Arts from the University of Dhaka in Bangladesh, as well as a Master of Arts in Development Economics from the University of Boston.

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Member of the LCL Executive Committee

Agnès de Clermont-Tonnerre was named Head of the Finance and General Affairs unit of LCL in February 2009.

She began her career at the French Ministry of Equipment and Transports in 1980, before joining the Treasury Division of the Ministry of Finance four years later.

She joined Crédit Lyonnais in 2000 and became its General Secretary from 2004. She was appointed General Secretary of Crédit Agricole SA in January 2006 and then joined LCL in October 2008 as Head of General Affairs and member of the Executive Committee.

Agnès de Clermont-Tonnerre is a graduate of École Nationale d’Administration (ENA) and Institut d’Etudes Politiques (IEP) of Paris.

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Soukeyna N’Diaye Bâ has a degree in Sociology and is specialised in management. She was Minister of Decentralised Cooperation and Regional Planning of Senegal, in charge of Regional and Local Economic Development, from November 2002 to May 2005.

Founding Member (in 1987) and President of Femme Développement et Entreprise en Afrique (FDEA), the first microfinance institution of female entrepreneurs in the informal sector in Senegal, she is a specialist in microfinance.

She has more than 20 years of experience in international development, via programmes of United Nations agencies and via various regional and international institutions in the United States, Europe, Asia and Africa.

Soukeyna N’Diaye Bâ is currently Executive Director of the INAFI International Foundation, a global network of more than 300 microfinance institutions from countries of the South, and whose international secretariat is based in Dakar, Senegal.

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Beatriz Armendariz holds a Ph.D in Economics. She teaches Economics at Harvard University and University College London. She has written several academic articles, which have been published in American, French, Belgian and Mexican journals. She is also co-author of the book “The Economics of Microfinance” (MIT Press 2010), along with Prof Jonathan Morduch, and “Handbook of Microfinance” (Word Scientific Publisher, 2010, London - Singapore), along with Prof Marc Labie.

Beatriz Armendariz has worked as a researcher at the OECD in Paris, and she is an affiliated researcher with the David Rockefeller Center for Latin American Studies in the United States and the Centre for European Research in Microfinance in Belgium. Her research deals mostly with development economics, financial inclusion and microfinance. She founded Grameen Replications in Chiapas, Mexico, in the 1990s.

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Raphaël Appert joined Crédit Agricole’s Caisse Régionale de Reims in 1983. After having been Managing Director of Crédit Agricole Val de France for four years, he became Managing Director of Crédit Agricole Centre Est on 1st January 2010. 
 
Raphaël Appert is Rapporteur of the Finances and Risks Commission of Fédération Nationale du Crédit Agricole, President of CAAGIS, and Director of the Grameen Crédit Agricole Microfinance Foundation.
 
He is a graduate of EDHEC (Lille Business School).

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Mohammad Shahjahan began his career at Grameen Bank in 1984. He is currently Acting Managing Director and Head of the Accounts, Finance, Planning, Monitoring and Evaluation Division of Grameen Bank. He is also member of the Board of several companies of the Grameen family. These companies work in the fields of agriculture, welfare, renewable energy, telecommunications, venture capital and investment banking.

Mohammad Shahjahan obtained an accounting diploma (B. Com) with honours from the University of Dhaka in 1976, as well as a Master’s degree in Accounting and a Master’s degree in Finance from the same university, in 1977 and 1981 respectively.

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From 1987 to 2007, Yves Couturier was Managing Director of several Caisses Régionales of Crédit Agricole. He has held important national positions within the Crédit Agricole Group: General Secretary of Fédération Nationale du Crédit Agricole (FNCA), and Director and then Vice-Chairman of Crédit Agricole S.A.

Yves Couturier is a director of ACBA Bank, a cooperative agricultural bank in Armenia. He has a degree in Economics and a degree in Agricultural Engineering (École Nationale Supérieure d’Agronomie, Montpellier).

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Christian Talgorn was born on April 21, 1949 in Tregunc, Brittany. He graduated in political sciences and public law. He has been  a member of the European Research Center of Rennes 1 University since 1975 and author of a great number of books and papers about European Union matters, specifically about the European Farm Policy, the internal market, institutional questions, regional policy, the enlargement of the Union, social and corporate policy, lobbying in Brussels.


Since 1990 Christian Talgorn has been Administrator at Crédit Agricole du Morbihan and since 2006, Chairman of the Caisse Régionale. He is also Administrator at Crédit Agricole SA.

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Director of the French Development Agency from 2001 to 2010, Managing Director of « Investisseurs et Partenaires  conseil » (I&P conseil) and Inspector General of Finances, Jean-Michel Sévérino was the director for Central Europe at the World Bank and its vice-president for Asia. He has been grappling for many years with the enormous challenges facing emerging countries.

He is also a member of the “high-level consultative committee” of the African Development Bank (ADB), set up in 2006 to advise on its strategic vision. He has also produced numerous publications notably on the subjects of public development aid, urbanization and conflicts relating to water.

Jean-Michel Severino publishes regularly in the French and international press. On 21 October 2007, together with Josette Sheeran, Donald Kaberuka, Kemal Dervis, Pascal Lamy, Abdou Diouf and Supachai Panitchpakdi, he launched the Ideas for Development blog on which the authors share their visions of the great challenges faced by developing countries and the best solutions for addressing them. He published two books in 2010: "Idées recues sur le développement", with Jean-Michel Debrat (published by Cavalier Bleu), and "Africa’s moment," with Olivier Ray (pub. Odile Jacob). His latest book, “Le grand basculement”, also co-written with Olivier Ray, was released on 6 October 2011 (pub. Odile Jacob).

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