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François de Combret becomes Senior Advisor to UBS Investment Bank
London (9 January 2006) - UBS announced today that Francois de Combret becomes a Senior Advisor based in Paris, with immediate effect.
In this position, Francois de Combret will help UBS strengthen its business in France and Europe, and will support the French team headed by Charles-Henri Le Bret, Head of Investment Banking France. After graduating from Ecole, Nationale d'Administration (ENA - French State School of Public Administration), Francois de Combret started his career as auditor at the "Cour des Comptes" (the French State Audit Office). He then worked as an advisor for Economic and Industrial affairs to Valery Giscard d'Estaing, first at the Ministry of Finances (1971-1974) and then at the Elysee Palace (1974-1978) when Valery Giscard d'Estaing was elected President of the State. Francois de Combret was then named Elysee Palace Deputy Head of Staff (1978-1981).
After being hired by Banque Lazard in 1982, Francois de Combret spent three years in New York before he was appointed managing partner of the bank in Paris in 1985, a function which he held for twenty years, up until last August.
During the last twenty years at Banque Lazard, Francois de Combret has lead key privitisation transactions, such as the Renault, the France Telecom and the Aerospatiale deals. He also advised Renault on its joint-venture with Nissan, Aerospatiale on its merger with Matra and Daimler Aerospace for creating EADS, and advised Sagem on its merger with Snecma for creating the Safran company.
Francois de Combret is a board member of Renault, Safran and Bouygues Telecom.
Commenting on his appointment Charles-Henri Le Bret said: "We are delighted that Francois de Combret has decided to bring his talents to UBS; his huge experience in the French market will compliment very nicely our existing positions and will strenghten significantly our overall reach."
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