27 Mathieu Ferragut Chief Executive Officer Eric Vial President / Message from General Management CFM Indosuez Wealth Management / Many geopolitical and economic challenges have emerged in 2022, first with the Russian war in Ukraine, which is still going on at the time of writing, and then with the sharp rise in inflation and interest rates. Added to this is a growing awareness of the energy, climate and social challenges facing our world. This complex context is not the first encountered by CFM Indosuez in its history, but it certainly makes 2022, the year of its centenary, both exceptional and pivotal for our customers, our employees and our shareholders. Our Bank has shown resilience in managing the crisis, while rapidly adapting to the new economic realities. The high quality of support offered by our staff to our customers has enabled us to achieve sustained growth and reaffirm our position in our three core businesses: wealth management, investment banking and merchant banking. This responsiveness has enabled our company to accelerate its growth and produce record results, with net profit (group share) of €43.4 million. Our work has been made easier thanks to the support of our directors and the Monegasque authorities, whose loyalty, trust and interest in our development we would like to thank. His Serene Highness Prince Albert II's participation in CFM Indosuez's centenary celebrations on 7 June 2022 was a particularly precious honour for our Bank, whose commitment to supporting the Principality's international, cultural and social development is at the heart of our strategy. Indeed, protecting the environment, and the oceans in particular, is a major reason for our long-term partnership with the Oceanographic Institute of Monaco, for which we renewed our support at the end of 2022 for the next three years. We have also developed green finance for the environment and blue finance for the oceans, through the Principality's first green property financing and the renewal of an innovative investment solution with a responsible component that had already been acclaimed by our customers in 2021, which we have renewed in 2022 with the entire Indosuez group. These actions are part of our Corporate Social Responsibility Project, integrated into our Ambitions 2025 medium-term plan, alongside our People Project, which focuses on the employee experience within CFM Indosuez, and our Customer Project, which aims for excellence in the experience offered to our customers. Recognised as the Principality's best bank in 2023 for the seventh year running by one of the leading international financial magazines, Global Finance, and as the best wealth management institution for the second time by Wealth Briefing, our Bank has everything it takes to succeed. The support of the Group, the soundness of our business model, the commitment of our staff and the strength of our expertise in our three core businesses - wealth management, investment banking and merchant banking - mean that we can look to the future with ambition and confidence.
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