Overview
- President Emmanuel Macron has proposed Olivier Sichel as the next director general of the Caisse des dépôts et consignations (CDC), the French State’s primary public investment body.
- Sichel has been serving as interim head of the CDC since December 2024, following Éric Lombard’s appointment as Minister of Economy and Finance.
- The nomination requires approval through hearings before the Finance Commissions of the National Assembly and Senate, where a three-fifths opposition vote could block the appointment.
- The CDC plays a critical role in France’s public finance system, funding infrastructure, housing, and regional development projects.
- Sichel, an ENA graduate with extensive experience in both public and private sectors, joined the CDC in 2018 and has held leadership roles in digital business and public investment initiatives.