The French government has appointed a new chair to the board of directors of the €16bn public pension fund ERAFP after the previous chair stepped down in July.

Dominique Lamiot, until recently general secretary of the French Ministry of Finance and Economy, was named chair of the board of directors.

He started in his new role earlier this month and was named by presidential decree after five years at the ministry.

Lamiot succeeds Jean-François Rocchi, who announced in June this year that he would step down from the board of directors on 1 July.

Rocchi became chair of the board on 8 November 2011.

Between July and October, Philippe Soubirous, vice-president of the board of directors of ERAFP, acted as president in accordance with Article 21 of Decree No. 2004-569 of 18 June 2004.

Soubirous was named vice-president of ERAFP by decree in March 2012.

ERAFP’s chairman of the board is elected by presidential decree for a period of three years, while the remaining board members are appointed by ministerial decree.

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