Head of Group Capital Steering

The Head of Group Capital Steering owns the Group capital steering mission, structured around the following key responsibilities:  

Group Capital Steering & Governance  

• Definition and ownership of the Group-wide capital framework, ensuring consistency, robustness, and transparency across all entities and regions.  

• Steering of solvency, economic capital, and capital efficiency metrics in line with Group strategy and risk appetite.  

• Oversight of capital governance, including capital policies, limits, and escalation processes.  
  Preparation and presentation of capital analyses, insights, and recommendations to the CFO, COMEX, Boards, and relevant Committees. 

Risk Partnership  

• Leadership of the Risk Partnership function, ensuring strong alignment between capital management, risk appetite, and strategic objectives.  

• Close collaboration with Group Risk to support coherent, forward-looking capital and risk discussions.  

• Support Executive Management in arbitrating capital and risk trade-offs linked to strategic initiatives, business development, and portfolio evolution.  

Capital Performance & Capital Management  

• Oversight of capital performance, including measurement, monitoring, and communication of capital efficiency and returns.  

• Leadership of capital management activities, including capital allocation, optimisation initiatives, dividend capacity analysis, and balance-sheet efficiency.  

• Contribution to strategic transactions and major initiatives from a capital perspective.  

• Maintain a pricing methodology allocating the financial resources in line with the group’s objectives. 

Capital Analytics & Decision Support  

• Development of appropriate methodologies, metrics, and tools to support effective capital steering and decision-making across the Group.  

• Leadership of stress testing, scenario analysis, and forward-looking capital assessments.  

• Strong anticipation and prioritisation to manage dependencies and ensure timely delivery of capital insights. 

Transformation & Process Efficiency  

• Drive the simplification of capital-related processes and governance, ensuring proportionality and value creation.  

• Ownership of relevant digitalisation, automation, and analytics initiatives related to capital steering, in coordination with Technology & Services.  

Stakeholder Communication  

• Regular presentation of capital deliverables to senior leadership, auditors, regulators, COMEX, and legal entity Boards. Ability to translate complex capital and risk concepts into clear, concise, and business-relevant insights.