Banque Casino Wikipedia
Banque Casino Wikipedia

Born	8 March 1949 (age 71) Annaba, Algeria
Nationality	French
Education	École Normale Supérieure Harvard University ÉNA
Occupation	Businessman
Children	Gabriel Naouri
Relatives	Jean-Yves Naouri(brother)

Jean-Charles Naouri (born March 8, 1949 in Bône (now Annaba), Algeria) is a French businessman. He is Chairman, Chief Executive Officer and controlling shareholder of Groupe Casino.^[1]

Education[edit]

Naouri received his baccalaureat degree at only 15 years old. He then studied in classes préparatoires at the Lycée Louis-le-Grand before entering the École Normale Supérieure in 1967. He also attended Harvard University, before returning in France and completing a PhD in Mathematics in only one year. He is also an alumnus of the Ecole Nationale d’Administration (1974-1976).^[2]

During the Napoleonic era and before the legalization of casino gambling in 1907, people in France commonly played Baccarat in private gaming rooms. Dating to this time period, Baccarat Banque is the earliest form of baccarat which is a three-person game and mentioned in Album des jeux by Charles Van-Tenac. A casino was a public location for gambling. Fandom Apps Take your favorite fandoms with you and never miss a beat. Casinos are a species ofCorruptions.They are green and wear big top hats. They also have a slot machine in their hat. When neutral, their eyes look like dollar signs. 1 Rank Variants 1.1 Grand Casino 2 More Facts 3 More Images The upgraded version of Casino. They are larger, more decorated, and more colorful than their regular counterparts. They are unlocked as a playable character in.

Early career[edit]

Civil servant[edit]

After graduating from ENA in 1976, Jean-Charles Naouri joined the Inspection générale des finances (France), the auditing and supervisory body of the French Administration. From 1982 to 1986, he served as chief of staff for Pierre Bérégovoy, both at the Ministry of Social Affairs and National Solidarity and the Ministry of Economy, Finance and Budget.^[3] During this period, he was the architect of the reforms implemented in the French financial markets, which included the creation of the MATIF futures and MONEP options markets and the introduction of certificates of deposit and commercial paper. In particular, he helped drive the financial market liberalization with measures to ease currency controls and eliminate credit restrictions.

Rothschild & Cie Banque[edit]

In 1987, Jean-Charles Naouri left government service and joined Rothschild & Cie Banque as Managing Partner.^[4] Around the same time, he established his own investment fund, Euris, which acquired minority equity investments in industrial companies, while increasing its investment capabilities.

Global retailing[edit]

Rallye[edit]

In the early 1990s, Jean-Charles Naouri shifted his investment strategy from opportunistic to acquiring strategic stakes. As part of this new strategy, in 1991 he acquired the Brittany-based retailer Rallye, which at the time was facing serious cash flow issues/challenges. Convinced of the future potential for retailing and the benefits of combining the two companies, in 1992 he engineered a merger of Rallye with Groupe Casino, thereby becoming Groupe Casino's largest shareholder.

Groupe Casino[edit]

In 1997, a hostile takeover bid for Groupe Casino by rival retailer Promodès^[5] was thwarted by the successful counter offer ^[6] from Jean-Charles Naouri, the Guichard family and Casino management, thereby maintaining the Group's independence.

In March 2005, Jean-Charles Naouri became Chairman and Chief Executive Officer of Casino Group,^[7] leading a substantial transformation of the retailer's profile by disposing of underperforming business segments in Poland, the United States, Taiwan and the Netherlands and strengthening the Group's presence in fast-growing markets. This made Casino the leading food retailer in South America (especially Brazil and Colombia), the Indian Ocean and Vietnam and the second largest in Thailand.

In France, Jean-Charles Naouri has refocused French operations in the convenience format segment, Groupe Casino's core business, and also positioned Casino in the discount segment by developing the Leader Price chain and the Cdiscount e-commerce website acquired in 2000.

In 2012, Groupe Casino acquired a controlling interest in Brazilian retailer Pão de Açúcar, the country's largest private-sector employer.^[8] The Group also purchased the 50% of French retailer Monoprix, which it did not already own, becoming the sole shareholder.^[9]

Social responsibility commitment[edit]

In addition to his business activities, Jean-Charles Naouri is also the founder of the Euris Foundation, which he created in 2000. Each year, the Foundation grants 40 scholarships to promising high school graduates from impoverished neighbourhoods in France.^[10]

He is also Vice Chairman of the Groupe Casino corporate foundation, which he founded in 2009 to improve access to culture and knowledge for children who are disadvantaged or suffering from illness.In addition, he is Honorary Chairman and Trustee of Ecole Normale Supérieure's Institut d’Expertise et de Prospective,^[11] which is responsible for developing ties between the school and the corporate world.

In June 2013, Jean-Charles Naouri was appointed by France's Ministry of Foreign Affairs to be a special representative for Economic relations with Brazil.^[12]

Positions[edit]

Chairman and Chief Executive Officer of Groupe Casino, a listed company
Chairman of the Board of Cnova N.V.
Chairman and Chief Executive Officer of Euris
Chairman of Rallye, a listed company
Chairman of the Board of Directors of Companhia Brasileira de Distribuicao (CBD), a listed company
Vice-Chairman of the Casino Group Corporate Foundation
CEO of Casino Finance
Chairman of the Euris Foundation

Other positions[edit]

Board Member of Financière Marc de Lacharrière (FIMALAC)
Member of the Advisory Committee of Banque de France
Chairman of Association Promotion des Talents, a non-profit organisation
Honorary Chairman and Director of Institut d’Expertise et de Prospective (Ecole Normale Supérieure)

Net worth[edit]

In 2015, Jean-Charles Naouri was ranked by Forbes Magazine as being worth $1.2 billion dollars. ^[13]

References[edit]

^Jean Charles Naouri - Executive profile, Bloomberg Businessweek]
^Jean-Charles Naouri - Brief biography, Reuters
^Casino indiser : Jean-Charles Naouri, Macroaxis
^Bookish Frenchman becomes Brazil retail kingpin, Chicago Tribune,June 21, 2013
^French Grocery Chain Raises Hostile Bid, the New York Times, September 26, 1997
^Casino Guichard-Perrachon S.A. History, Funding Universe
^Jean-Charles Naouri becomes CEO of Casino, Retail Analysis, March 24, 2005
^Casino to Become Sole Controller of Brazil’s Pao de Acucar, Bloomberg, May 15, 2012
^Dean Best, Casino's Monoprix acquisition cleared, Just Food, July 10, 2013
^L'excellence des lycéens défavorisés récompensée, Le Figaro, October 22, 2010
^Jean-Charles Naouri est nommé président de l'Institut d'expertise et de prospective de l'Ecole normale supérieure

Banque Casino Wiki