Macron Appoints Eric Lombard, Caisse des dépôts Director, as France's New Finance Minister

Dec 23, 2024, 06:17 PM

French President Emmanuel Macron has appointed Eric Lombard as the new finance minister in a cabinet reshuffle led by Prime Minister François Bayrou. Lombard, who has been the director general of the Caisse des Dépôts et Consignations since 2017, brings extensive experience from both the public and private sectors. His previous roles include positions at BNP Paribas and Generali France. Lombard's appointment is seen as a strategic move to address France's economic challenges, including the upcoming 2025 budget and managing the country's significant debt.