7mo
Dear colleague,
Thank you for you feedback which is very helpful to improve the employee experience.
The Crédit Agricole Group has a strong culture of decentralization of powers and regional roots.
It seems to us that, unlike other banking groups, we give our branches a degree of autonomy to make decisions closer to the ground.
Some concrete examples include the approval of compensation packages, the choice of new premises, and the financial management of the Singapore branch, which are the responsibility of the local entity.
When it comes to processing banking transactions, it is true that this is an area that requires particular attention to risk management and is therefore subject to higher levels of control. That can explain your feeling.
Over the past years, we promoted local manager in order to strengthen the branch's local roots.
If you need to discuss specific consequences of what you describe, do not hesitate to talk with your local HR manager who very well knows the local asian culture and may help you.