MM Conseil · Marseille

Your financial success, our advisory expertise.

Equal to your most important decisions.

Former CEO of LCL, Michel Mathieu advises executives and boards of directors with the independence, discretion and judgement shaped at the head of a major banking group.

Michel Mathieu, president of MM Conseil Michel Mathieu — President
40+
years in banking and finance
25
years in executive leadership
2016–23
Chief Executive of LCL
Dr
Doctor of Business Law
Track record

Forty years at the heart of banking

From the general management of LCL to the Crédit Agricole regional banks — an executive’s career, in figures.

2024 →
MM Conseil
President — Marseille

Advising executives and boards of directors on governance, general management, financial steering and strategy.

2016 – 2023
LCL
Chief Executive Officer · Deputy CEO, International Retail Banking — LCL — Crédit Agricole Group

General management of LCL and oversight of the international proximity-banking hubs (Italy, Egypt, Ukraine). Divestment strategy (Morocco, Romania, Serbia) and reallocation of resources towards growth markets, notably Crédit Agricole Italia. Left the Group on 31 December 2023.

3
international hubs overseen
7 yrs
at the helm of LCL
2010 – 2015
Crédit Agricole S.A.
Deputy Chief Executive Officer — Group central body

Expanded responsibilities: Finance, HR, Legal, Compliance, IT, Strategy, Economic Research, Internal Resources and Real Estate. Divestment of the Greek subsidiary Emporiki.

€950M
savings delivered (“MUST” plan)
+46%
beyond the €650M target
2006 – 2010
Caisse Régionale du Languedoc
Chief Executive Officer — Crédit Agricole Group

Successful 2007 merger of the Midi and Gard regional banks, then steering the performance of the new entity.

+17%
net banking income (2005–2009)
+43%
gross operating income
40.1%
cost-to-income ratio (from 49.5%)
1999 – 2006
Caisse Régionale du Gard
Chief Executive Officer — Crédit Agricole Group

Strategic plan of restructuring and customer reconquest.

72 → 46%
cost-to-income ratio
€129 → 217M
net banking income (1999–2006)
1995 – 1999
Caisse Régionale du Midi
Deputy Chief Executive Officer — Crédit Agricole Group

In charge of central functions: Finance, IT, Real Estate, Legal, HR and Organisation.

1983 – 1995
Caisse Régionale du Gard
Department Director — Crédit Agricole Group

Successively led the Legal, Agriculture, Marketing, Retail Networks, Insurance and Corporate departments.

Notable mandates

Director and board member of leading institutions

Crédit Agricole
LCL
Amundi
Eurazeo
Crédit Agricole CIB
Fondation de France

A selection of mandates held. See all mandates →

In the media

Michel Mathieu in the media

Appearances on BFM Business, Le Figaro and before economic decision-makers — an executive’s voice, on screen.

Michel Mathieu, president of MM Conseil
Michel Mathieu
About us

Bespoke advice, from analysis to implementation.

MM Conseil, the firm founded by Michel Mathieu — former CEO of LCL and Deputy CEO of Crédit Agricole — is an advisory practice specialising in finance, strategy, executive support and corporate management.

It offers tailored advice adapted to each client’s needs. Its core purpose is to help clients reach their financial objectives and optimise their performance — whether in cash management, cost analysis, budget or strategic planning, or coaching.

Solutions are always bespoke, designed to meet each company’s specific challenges. We work closely with our clients, from the initial analysis to the operational implementation of recommendations.

Our expertise

At MM Conseil, we believe in the importance of transparency and integrity in our relationships with clients and partners. We are committed to providing objective advice and upholding the highest ethical standards. Our reputation rests on the trust our clients place in us.

01

Educate

Sharing an expert reading of finance and governance.

02

Advise

Standing beside the executive and the board on defining decisions.

03

Deliver

Turning analysis into lasting performance, from strategy to execution.

Engagements

Four ways to work together

Boards of directors, shareholders, committees

Board mandates & governance

Director, censor or committee member (audit, risk, nominations, remuneration), drawing on governance practice at the highest level.

  • Director / censor mandates
  • Chairing or serving on specialised committees
  • Board governance and effectiveness reviews
Executives, management committees

Executive advisory

Advising the CEO and the executive committee on strategy, transformation and major decisions, with the perspective of a banking-group general management.

  • Board advisory & sparring partner to the CEO
  • Strategic framing and defining trade-offs
  • Support for transformations and restructurings
General and financial management

Financial diagnosis & steering

Reading performance and steering by the right indicators — net banking income, cost-to-income ratio, profitability — field-tested in practice.

  • Performance and trajectory diagnosis
  • Steering framework and key indicators
  • Cost-structure optimisation
Executives and high-potentials

Executive coaching

Individual, confidential support for an executive or a successor taking up a new role.

  • Individual, confidential support
  • Preparation for a new role / succession
  • Perspective and strategic listening
Books

Four books to understand banking and action

From banking transformation to a treatise on willpower — available to buy and to read.

Couverture — Unlock yourself !
2023

Unlock yourself !

A short treatise on willpower

With Alexandre de Navailles · Nouveaux Débats Publics · ISBN 978-2-37509-728-1

Ville Makers
2019 – 2022

Ville Makers

Those who are inventing the city of tomorrow — 2019 to 2022 editions

Collective work, edited by Michel Mathieu · Nouveaux Débats Publics · ISBN 978-2-37509-068-8

Couverture — Nouvelles Banques
2014

Nouvelles Banques

Banking will never be the same again

Michel Mathieu · Nouveaux Débats Publics · ISBN 978-2-916962-61-0

Couverture — L’Exploitant Bancaire et le Risque Crédit
1995

L’Exploitant Bancaire et le Risque Crédit

A reference work on credit risk

Michel Mathieu · Revue Banque Édition · ISBN 2-86325-224-0

Reference work
Op-eds
Les EchosRevue BanqueL’OpinionLa Semaine JuridiqueLes Petites Affiches
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A first confidential conversation, with no commitment, to define your need.