Credit Agricole infra director resigns

13 June 2019 - 12:00 am UTC

Credit Agricole CIB infrastructure director Simone Aroni is due to leave the bank in the summer, sources said.

Aroni, who joined Credit Agricole in 2009, is currently on gardening leave until the end of July.

He is due to join in August the London office of an unnamed Asian bank, where he will focus on infrastructure and power transactions.

Aroni was a director at Credit Agricole’s energy and infrastructure division, acting as both MLA and adviser on transactions across the transport, energy from waste, utility and smart meters sectors.

Aroni was an associate director at RBS’ project finance team in London between 2007 and 2009.

His departure comes at a time that Credit Agricole is planning to launch a major London-based infrastructure and power M&A advisory team of up to 10 staff, as reported.

Last year Credit Agricole advised on 14 deals in transport, renewables and mid-stream utilities, according to Inframation data.

Credit Agricole did not respond to requests for comment.

 

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