CredAg CIB and Indosuez Relocate to New Singapore Office

In an effort to deepen synergies, Crédit Agricole’s investment and private banking units have relocated to a shared office in Singapore.

Crédit Agricole Corporate and Investment Bank and Indosuez Wealth Management have moved to a new Singapore office at IOI Central Boulevard Towers, according to a statement. The shared office will include 43,420 square feet of workspace across two floors.

According to the French financial group, the relocation is aligned with the long-term strategy for Asia Pacific, which includes «driving operational efficiency, deepening synergies across business lines and creating a future-ready environment for clients and employees».

120 Years in the City-State

The office move coincides with the 120th anniversary of Crédit Agricole's establishment in Singapore.

«In line with Crédit Agricole Group’s workplace enhancement initiative, our new Singapore office was thoughtfully selected to foster greater collaboration, flexibility and sustainability. The space offers diverse work environments and integrated digital tools to support new ways of working, alongside green design elements that reflect the Group’s core values and long-term vision for responsible and sustainable growth,» said Antoine Sirgi, senior country officer for Singapore, Crédit Agricole Group.

«The relocation demonstrates our confidence in Singapore’s role as a regional hub for wealth management by investing in fresh premises that support our business and growing client base in Asia. Our new headquarters will enhance stronger collaboration across the Group, further augmenting our growth ambitions in Asia,» added Laurent Proutière, Asia CEO and Singapore branch manager, Indosuez Wealth Management.