Claude Bébéar / Honorary Chairman of AXA

Last updated on profile page : May 10th, 2010

BIO

Claude Bébéar is the honorary chairman and former president of AXA Group, a leading insurer with revenues of 91 billion euros, 80 million clients, and more than 200,000 employees. He is also the founder of the Montaigne Institute, an independent think-tank that has two key goals: to have a constructive influence on public debate by generating original and pragmatic ideas, and to help shape public policy with the objective of improving both the economic and social environment in France. A graduate of the Ecole Polytechnique (one of ParisTech elite graduate schools), Bébéar conceived and wrote the preface for a collection of essays, The Courage to Reform (Odile Jacob Editions, 2002) and is the co-author of They Are Killing Capitalism (Plon Editions, 2003).
(photography : © Patrick Messina)

BOOKS BY CLAUDE BéBéAR

By Claude Bébéar on ParisTech Review

Les effondrements financiers sont-ils inévitables?

Business on April 14th, 2010

Dans un entretien avec ParisTech Review, Claude Bébéar, le Président d'Honneur et ancien Président-directeur général d'Axa, explique pourquoi il croit que les crises financières - comme la crise actuelle du crédit et du marché hypothécaire - sont inévitables à cause de la cupidité des acteurs des marchés. Il défend également une vaste réforme des systèmes de rémunération, en particulier des dirigeants. Et il discute enfin de manière iconoclaste d'une série de sujets parmi lesquels les droits de vote des actionnaires et leurs dividendes, les ventes à court-terme, les LBO, les paradis fiscaux ou encore la nationalisation des banques.

Are Financial Meltdowns Inevitable?

Business on April 14th, 2010

In an interview with ParisTech Review, Claude Bébéar, the honorary chairman and former president of AXA, explains why he believes that financial crises, like the current meltdown triggered by problems in the mortgage and credit markets, are unavoidable because of basic human nature. He also argues for broad reforms in employee-compensations systems, including the remuneration of top executives. And he discusses his provocative views on a range of issues - shareholder voting rights and dividends, the speculative practice of short selling, leveraged buyouts, tax havens, and the nationalization of banks.

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