Close Brothers Names French Management Changes

Laurent Camilli and Gwénael de Sagazan have been named co-heads of Close Brothers’ French business, following the planned departure of founding partner Olivier Dousset. 

 

PRESS RELEASE

Close Brothers, one of Europe’s leading independent corporate finance businesses, has today announced senior management changes to its French business, Close Brothers SA.

 

Laurent Camilli and Gwénael de Sagazan, both existing members of the Close Brothers SA management team are to be appointed co-heads of the business with immediate effect.  They will lead an executive committee which will comprise George Elliston, Philippe Guezenec and Philippe Croppi.  The appointments come as part of the Close Brothers SA’s succession planning, following the planned departure of Olivier Dousset, one of the founding partners of the business.

 

Laurent Camilli has been with Close Brothers since 1997, with a focus of advising companies in the real estate, professional services and healthcare sectors.  Gwénael de Sagazan joined Close Brothers April 2008, from HSBC.  He specialises in advising financial sponsors, as well as companies in the transport and logistics sectors. Together their knowledge and understanding of the business will enable a smooth transition and allow for an immediate focus on the continued development of Close Brothers’ position as a leading, independent corporate finance adviser in French speaking markets.

 

In 2008 Close Brothers SA has advised on over 30 transactions.

 

Commenting on the management changes at Close Brothers SA, Stephen Aulsebrook, CEO of Close Brothers Corporate Finance, said:

 

“Close Brothers SA holds its leading position in the French market thanks to the initiative and leadership of Olivier Dousset and the team he put in place.  We wish him well in the future.  In Laurent and Gwénael we have two strong corporate financiers with the vision and expertise essential in taking the business forward into its next stage of development.  We look forward to working closely with them in the years ahead.”

 

Close Brothers (www.cbcf.com) operates as an autonomous and independent business unit within Close Brothers Group plc, the largest listed UK independent investment bank.