Frédéric Banzet

Frédéric Banzet (1958) is a former Chief Executive Officer of Citroën. He has been a senior partner at Peugeot Invest since 2014 and served as CEO of Peugeot Invest UK from 2016 to 2022. Since March 2022, he has been Chairman of Établissements Peugeot Frères (EPF).

Biography

He holds a law degree, and graduated from l’Istec and the Harvard Business School (United States).

A member of the Peugeot family (son of Gisèle Peugeot, born 1929), he joined the PSA Peugeot Citroën group in 1982 in the finance department. In 1990, he moved to London to work for the PSA Finance bank: he was Deputy General Manager of PSA Finance UK. He returned to France in 1995 and became Marketing and Development Director of Crédipar. He was appointed Asia-Pacific Director for the Peugeot brand in 1999.

He joined Citroën in 2004 as International Sales Director, then was named Europe Sales Director in 2007 and became a member of the brand’s Executive Committee.

On 19 June 2009, Philippe Varin, Chairman of the Managing Board of PSA Peugeot Citroën, appointed him Chief Executive Officer of Citroën, replacing Jean-Marc Gales who became Group Brand Director.

On 2 April 2013, he joined the Group Executive Committee of PSA Peugeot Citroën in the inner management circle that Philippe Varin decided to form around himself.

On 1 June 2014, Frédéric Banzet stepped down as CEO of Citroën in favor of Linda Jackson. He then became a statutory auditor of the Supervisory Board of PSA Peugeot Citroën, replacing Jean-Philippe Peugeot, a cousin of the Peugeot family.