The Bank of France announced that Governor François Villeroy de Galhau has decided to leave his post in early June to take up the presidency of Fondation Apprentis d’Auteuil, with the Bank’s General Council having approved this future role. He will succeed Jean-Marc Sauvé, whose mandate at the foundation ends in late May. The foundation is recognised as being of public utility and works in child social welfare and the training of disadvantaged youth, supporting more than 40,000 children and adolescents each year with over 8,000 employees across 430 sites. Villeroy de Galhau indicated he will step down a little more than a year before the end of his second term and that the period until early June is intended to allow for an orderly succession process under the applicable rules.
Bank of France 2026-02-09
Bank of France Governor François Villeroy de Galhau to step down in early June to become President of Fondation Apprentis d’Auteuil
Bank of France Governor François Villeroy de Galhau will leave his position in early June to become president of Fondation Apprentis d’Auteuil, succeeding Jean-Marc Sauvé. The Bank’s General Council has approved this transition, which allows for an orderly succession process. The foundation focuses on child social welfare and training for disadvantaged youth.