France’s Public Investment Bank was set up in 2013 to stimulate business growth. Known as Bpifrance, it merged three existing state agencies into a single entity composed of two main branches: Bpifrance Financement (previously, OSEO) and Bpifrance Investissement (regrouping CDC Entreprises, FSI and FSI Régions).

Arnaud Caudoux, who acted as OSEO’s Deputy CEO from 2008 to 2012, and as Bpifrance’s CFO from 2013 to 2015, has now been appointed Bpifrance’s Deputy CEO. As such, he is in charge of the Finance, Risk Management, IT and Guarantee business lines. From 2004 to 2008, he acted as Managing Director of Sofaris, a subsidiary owned by OSEO and other leading French private banks, which dealt with loan guarantee schemes for SMEs. He joined OSEO’s Guarantee line of business in 2003 as Chief Credit Risk and IT Officer.

He served as management consultant to Andersen Consulting and A.T. Kearney from 1997 to 2003. Prior to that, he was member of the project team that financed and designed the first toll highway in the Philippines.

Born in 1970, Arnaud Caudoux graduated from the Ecole Polytechnique and Ecole Nationale des Ponts et Chaussées.