OREANDA-NEWS. The Board of Directors of Dexia SA met on 6 July 2015 under the chairmanship of Mr. Robert de Metz and has accepted the resignation of Mrs. Delphine d'Amarzit from her position as member of the Board of Directors of Dexia SA.

The Board decided to co-opt Mr. Corso Bavagnoli as member of the Board of Directors to replace Mrs. Delphine d'Amarzit as of 6 July 2015, subject to the approval of the regulator. His appointment will be submitted for final approval to the next General Shareholders' Meeting.

Dexia would like to thank Mrs. Delphine d'Amarzit for her contribution to the works of the Board of Directors.

Born in 1973 and a French national, Corso Bavagnoli received a degree from the Ecole nationale suprieure des Mines in Paris and from the Institut d'tudes politiques (IEP) of Paris. He is also an alumni of the Ecole nationale d'administration. In 2001, he was appointed Deputy Inspector at the General Inspectorate of Finances then promoted to Inspector in 2002. He was Deputy Head of unit at the Directorate General of the Treasury and Economic Policy Office in 2005, then Head of the "International financial system & summit preparation" unit. In 2008, he became Head of the "EDF and other participations' unit" at the Agency for State Holdings. In 2009, he was appointed Counsellor for Economic and Financial Affairs in the Office of the Prime Minister Franois Fillon. In 2012, he became Director of the directive in charge of "Banks and public interest financing" at the Directorate General of the Treasury. Corso Bavagnoli has been Head of the Financial Affairs division since May 2015.