André Lévy-Lang / Chairman, Institut Louis Bachelier

Last updated on profile page : May 9th, 2011


André Lévy-Lang graduated from Ecole Polytechnique in 1958 and holds a Ph.D. from Stanford University (1966).

After two years as a research physicist with Commissariat à l'Energie Atomique (CEA, the French atomic energy commission), André Lévy-Lang joined the Schlumberger Group in 1962 for which he held various engineering, marketing and management positions in France and the United States.

In 1974, he joined Paribas, a banking group, through one of its major affiliates, Compagnie Bancaire, the leading European group of specialised financial services companies. He was named CEO of Compagnie Bancaire in 1982.In 1990, André Lévy-Lang was named CEO of the Paribas group, a position he held until August 1999 when Banque Nationale de Paris (BNP) acquired Paribas to create BNPParibas.

André Lévy-Lang is currently non-executive chairman of Les Echos, the business daily newspaper, and a non-executive director of SCOR and Paris-Orleans. He is a governor of the American Hospital in Paris, chairs the Fondation du Risque and the Institut Louis Bachelier, and sits on the boards of Institut Français des Relations Internationales, of Institut Europlace de Finance and of Institut des Hautes Etudes Scientifiques.

He is an affiliate professor in Finance (emeritus) at Universite de Paris-Dauphine.

  • Institut Louis Bachelier
  • L'argent, la finance et le risque
    André Lévy-Lang
    List Price: EUR 21,90

By André Lévy-Lang on ParisTech Review

The regulation that followed in the wake of the financial crisis has only partially addressed the challenges exposed by the collapse. Restrictive measures on equity levels and liquidity requirements have been taken but have been restrained by fears over endangering the very instruments necessary to finance the fragile recovery. The need for a global framework, and a more explicit separation of market and credit risk, would complete the picture as would reinforcement in scope and power for the bodies charged with enforcing the new regime.
La crise financière a déclenché une vague de réglementation qui ne répond que partiellement aux défis révélés par cette crise. Les exigences imposées aux banques en matière de fonds propres et de liquidité sont limitées par le risque de freiner l'offre de financement et la croissance. Elles doivent être complétées par une autorité internationale, par une séparation plus nette entre risques de marché et risques de crédit et surtout par le renforcement en moyens et en niveau des autorités de contrôle.

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