The Paris-headquartered group, operating in a number of regions such as Asia, has a new chief executive.

Indosuez Wealth Group has named a new chief executive, Jacques Prost, to take over from Paul de Leusse, who left earlier in May to join telecoms network Orange.

Prost’s appointment takes effect from 18th June. He is a member of Crédit Agricole’s management committee. Since 2013, he has supervised global markets and financing activities as deputy chief executive of Crédit Agricole corporate and investment bank.

The executive began his career in the corporate department of Crédit Lyonnais in London in 1986. In 1988, he joined Banque Paribas, where he held a number of positions in the European real estate finance and project finance divisions. In 1996, he was appointed head of project finance at Paribas in Milan.

He joined the Crédit Agricole group in 2000 as head of structured finance for corporate and investment banking in Italy. In 2008, he became head of the real estate and hotels division in Paris. In November 2011, he was appointed global head of structured finance.