Groupe BPCE Announces the Appointment of Jean-Pierre Charles as CEO of Oney, Reinforcing Commitment to Change

(IN BRIEF) Jean-Pierre Charles has been named the Chief Executive Officer of Oney by BPCE and ELO (formerly Auchan Holding), effective from June 5, 2023. With his extensive experience in consumer finance and retail industries, Charles is set to lead the execution of Oney’s transformation plan, aimed at establishing the company as a leading player in European consumer finance. The Board of Directors expresses gratitude to Catherine Gueguen, Interim CEO, for her contributions and announces her support for Charles during the transition period. Jean-Pierre Charles brings a strong track record, having held key positions at BNP Paribas Personal Finance and the LaSer Group. He holds a degree from the ISG business school and is a trained chartered accountant.

(PRESS RELEASE) PARIS, 22-May-2023 — /EuropaWire/ — Groupe BPCE, a major French banking group, in conjunction with ELO (formerly Auchan Holding), announces the appointment of Jean-Pierre Charles as the Chief Executive Officer of Oney, effective from June 5, 2023. With his extensive expertise in the European consumer finance and retail sectors, Charles is well-positioned to drive the successful execution of Oney’s transformation plan, which aims to establish the company as a leading force in consumer finance across Europe.

The Board of Directors expresses its appreciation to Catherine Gueguen, Oney’s Interim CEO, for her dedication and effective collaboration with the company’s teams. Gueguen will support Jean-Pierre Charles during his initial months in the position, ensuring a seamless transition and fostering an optimal environment to continue advancing the transformation plan and building upon the remarkable progress achieved thus far.

Biography of Jean-Pierre Charles, Oney’s new CEO

Jean-Pierre Charles joins Oney from his current role as the Deputy Chief Executive Officer for the UK, Nordics, Spain, and Portugal at BNP Paribas Personal Finance. Throughout his career, he has worked extensively in financial services, consumer finance, and split payments, both in France and Europe. From 1998 to 2015, Charles held several managerial positions within the LaSer Group, successfully leading turnaround efforts for subsidiaries in France and Northern Europe. Between 2015 and 2021, he played key roles at BNP Paribas Personal Finance, overseeing the Individual Customers market and leading Business Development, eventually assuming the position of Deputy Chief Executive Officer for France.

Jean-Pierre Charles holds a degree from the ISG business school and is also a trained chartered accountant.

About ELO (www.groupe-elo.com)

Present in 14 countries, ELO brings together 3 autonomous companies with complementary businesses: Auchan Retail, which offers its customers a phygital shopping experience, combining physical stores with the digital ecosystem, and exclusive, quality products at the best price. New Immo Holding, a mixed-use real estate operator that manages, animates, develops and transforms existing sites into new living spaces. Oney (49.9% owned by Elo and 50.1% by BPCE), a payment expert which designs and deploys innovative payment solutions and financial services.

With its 161,476 employees, ELO reported revenue of €33.5 billion in 2022 (figures excluding Oney).

About Oney

Oney is a different, unique bank, born of commerce. A partner in the transformation of commerce for 40 years, Oney develops innovative payment, financing and insurance solutions to give everyone the power to improve their daily lives and consume better. Oney created split payments in 2008 and is the market leader in BNPL (Buy Now Pay Later) in several European countries. Alongside 6,500 merchant and e-merchant partners in nearly 17,000 physical or online points of sale, Oney supports the projects of 7.8 million customers in Europe by offering them simple and fast digital purchasing experiences. Every day, our 2,600 talents, in 12 countries, drive the ambition to be a more human and responsible bank.

With the support of its two shareholders, BPCE (50.1%) and ELO (ex-Auchan Holding, 49.9%), Oney brings together the best of banking and commerce. Within Groupe BPCE, Oney is part of BPCE Digital & Payments, a new pole combining payment, digital and data expertise.

Media contact:

Christophe Gilbert
HEAD OF PRESS RELATIONS AND E REPUTATION FOR GROUPE BPCE
+33 (0)1 40 39 66 00
christophe.gilbert@bpce.fr

SOURCE: GROUPE BPCE

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