Subsection 2: Administration of Caisse des dépôts et consignations.

The Managing Director orders all operations. He shall prescribe the measures necessary for the proper keeping of the accounts. He shall order payments. He shall approve and close the various statements of all kinds.

The Chief Executive Officer is appointed by decree. The fixed, variable and exceptional components of his remuneration are set jointly by the Minister for the Economy and the Minister for the Budget, after consultation with the Chairman of the Supervisory Board. The total amount of his remuneration may not exceed the ceiling mentioned in article 3 of decree no. 53-707 of 9 August 1953 relating to State control of national…

To manage the departments under his authority, the Chief Executive Officer of Caisse des dépôts et consignations may be assisted by one or more Deputy Chief Executive Officers, as well as by directors, general auditors, department heads, deputy directors, high-level experts and project directors. The Director General appoints to the posts mentioned in this article. Where they are occupied by public-law employees, the Director General may terminate the duties of…

For access to the posts of Deputy Chief Executive and Director, no conditions other than those laid down for Directors of central administration are required.

Subject to the provisions of article R. 518-3, the provisions relating to the posts of head of department, deputy director, high-level expert and project director in State administrations are applicable to civil servants and contractual employees under public law appointed to these posts within the Caisse des dépôts et consignations.

Subject to the powers conferred on the Prime Minister and the Minister for the Civil Service in respect of certain categories of civil servant, the Managing Director appoints to all other posts.

Deputy Chief Executive Officers are sworn in by the Supervisory Board.

The Controllers General of Caisse des dépôts et consignations are placed under the direct authority of the Chief Executive Officer of Caisse des dépôts et consignations. They are responsible for auditing the departments and services of the public institution entrusted to them by the Chief Executive Officer, to whom they report directly. They may be entrusted with reorganisation and restructuring assignments. They may also propose any organisational or financial measures…

The organisation and powers of the Directorates and, within them, of the Departments are governed by an Order of the Director General.

The Chief Executive Officer may delegate some of his powers to staff occupying the posts mentioned in article R. 518-3. He may delegate his signature to employees under his authority, including in matters for which he has received a delegation of powers from the Supervisory Board. He may authorise the latter to sub-delegate under the conditions he determines. In matters for which they have received a delegation of authority from…