On Tuesday 8 July 2025, Indosuez Wealth Management, the wealth management subsidiary of the Crédit Agricole Group, announced that it recently finalised the integration of Degroof Petercam in Luxembourg.

The teams from Degroof Petercam have officially joined Indosuez Wealth Management, marking the completion of a strategic integration initiated with the acquisition of the Belgian bank Degroof Petercam in June 2024.

Since Friday 4 July 2025, the teams and activities of Degroof Petercam have been fully integrated into Indosuez Wealth Management in Luxembourg. This operation represents the final stage of the integration project of Degroof Petercam into Indosuez Wealth Management, which the latter said opened "a new chapter" in its development.

Present in Luxembourg for over 100 years, Indosuez describes itself as a key player in wealth management within the country's financial sector. As the European hub for Indosuez, the Luxembourg entity leverages a network of branches in Spain, Italy and Portugal.

Indosuez stated that "clients benefit from a unique value proposition, with an integrated and tailored offering designed to meet the diverse needs of high-net-worth individuals and investment professionals", including:

  • bespoke support spanning multiple geographies to address the cross-border challenges of affluent clients;
  • a comprehensive approach that includes strategic advisory services for family businesses and the management of significant corporate transactions;
  • institutional-grade asset management specifically designed for family offices;
  • access to expertise in fund structuring, as well as asset servicing leveraging a partnership with CACEIS, a Crédit Agricole subsidiary specialising in financial services for institutional investors;
  • access to an international network of experts and the financial strength of the Crédit Agricole Group.

As part of the integration, a new leadership team has assumed operational and strategic management of Indosuez Wealth Management Europe as of Monday 7 July 2025. This leadership team includes the following five authorised executives:

  • Olivier Carcy, Managing Director
  • Vincent Manuel, Deputy Managing Director in charge of Development
  • Andras Takacs, Deputy Managing Director in charge of Operations
  • Nadia Mokadem, Head of Human Resources (subject to approval by the European Central Bank - ECB and the Commission de Surveillance du Secteur Financier - CSSF)
  • Steven Ameye, Chief Financial Officer (subject to approval by ECB and CSSF)

Olivier Carcy, Managing Director of Indosuez Wealth Management Europe, stated: "This integration reflects our ambition: to provide our clients with service excellence based on the strength of a leading international group, recognised local expertise and long-term trusted relationships. By leveraging a shared vision and enhanced expertise, we are creating even greater value for our clients and employees. I would like to extend my heartfelt thanks to all the teams who have worked tirelessly over the past months to make this integration a success."