Bertrand Badré
| Bertrand Badré | |
|---|---|
| Born |
10 May 1968 Versailles, France |
| Nationality | French |
| Education |
HEC Paris Sciences Po, ÉNA |
| Occupation | CFO of the World Bank |
Bertrand Badré (born in Versailles on May 10, 1968), son of Denis Badré, Senator of Hauts-de-Seine until 2011 and mayor of Ville d'Avray, and Sabine Vasseur, is Managing Director and World Bank Group Chief Financial Officer. Married 1 July 1995 to Vanessa du Merle, he has four children.
Biography
Badré is a graduate of ENA (Ecole Nationale d'Administration) and Institut d'Etudes Politiques de Paris. He also studied history at Paris IV University (La Sorbonne), and graduated from HEC (Hautes Études Commerciales in Paris) business school.
Badré began his career in 1989 as Assistant Group Controller for BFI-Ibexsa, a Franco-American company that is now part of Avnet. From 1995 to 1999, he served in the French Ministry of Finance where he led a number of control, audit and consultancy missions for the French National Audit Office, "Inspection Generale des Finances." During this period, he was seconded to the World Bank in Togo to support the Ministry of Agriculture on budget matters.
In 1999, Badré joined Lazard, where he spent 18 months as Assistant Director in London, before transferring to New York as Director in the mergers & acquisitions department with specific focus on the financial services sector.
In 2002, Badré was a member of the World Panel on Financing Water Infrastructure chaired by Michel Camdessus, a panel of financial experts to assess ways of attracting resources to the water field. In 2003, he was invited to join President Chirac’s diplomatic team and was closely involved in the preparation of the G8 summit in Evian. In that capacity, he served as the President’s deputy personal representative for Africa and as a spokesman for the working group on new international financial contributions to fight poverty and fund development, which produced The Landau Report (and ultimately led to the creation of UNITAD).
Between 2004 and 2007, Badré was Managing Director of Lazard in Paris responsible for the Financial Services Group. He was also heavily involved in the restructuring of Eurotunnel, one of the longest ever. Badré was Chief Financial Officer of Crédit Agricole Group from July 2007 until July 2011. Badré then served as Group Chief Financial Officer at Société Générale until February 2013.
On December 18, 2012, Badré was appointed by Jim Yong Kim as Managing Director and World Bank Group Chief Financial Officer and took office on March 1, 2013.
Badré has served as Director on a number of boards, including the Supervisory Board of Eurazeo between 2010 and 2012, Haulotte Group since 2005, various boards of the leading French regional daily Newspaper Group Ouest France, and represented Crédit Agricole and Sociéte Générale on the board of a number of their subsidiaries.
References
- World Bank (2014).
- World Bank (2012). World Bank Group Announces Bertrand Badré as Managing Director for Finance and CFO December 8, 2012.
- Brummer, Alex (April 30, 2014). CITY INTERVIEW: World Bank finance shief Bertrand Badré sets about restructuring project to save $400m in costs Mail Online. Retrieved August 26, 2014.
- Australian School of Business (February 25, 2014). World Bank's Bertrand Badré discusses key G20 issues Retrieved August 26, 2014.
- Yeates, Clancy (February 24, 2014). New ways to fund infrastructure needed, says World Bank chief Bertrand Badre Sidney Morning Herald. Retrieved August 26, 2014.
- Yukhananov, Anna (October 7, 2013). Exclusive: World Bank to cut $400 million from budget in reorganization Reuters. Retrieved August 26, 2014.
- Rastello, Sandrene and Benedetti-Valentini, Fabio (December 18, 2012). Societe Generale’s Bertrand Badre Named World Bank CFO Bloomberg. Retrieved August 26, 2014.