Jacques Georges-Picot

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Person.png Jacques Georges-Picot  Rdf-entity.pngRdf-icon.png
Jacques Georges-Picot.png
Born16 December 1900
Died1987 (Age 86)
Alma materÉcole libre des sciences politiques, Lycée Janson-de-Sailly
Single Bilderberg French financier. Director of French multinational corporation Suez 1957-1971.

Jacques Georges-Picot was a French financier and Chairman and CEO of the French multinational corporation Suez.

Early Life

He was son of Charles Georges-Picot, inspector of finances and president of the bank CIC, and grandson of Georges Picot. He studied at the Lycée Janson-de-Sailly, obtained a degree in law and humanities, and graduated from the Free School of Political Science. He entered the financial inspectorate in 1925. He was Deputy Director of the Budget from 1932 to 1934, director of the control of the rules from 1935 to 1937, he was dismissed by the Popular Front government and then joined the Suez Canal Company as a senior agent deputy in Egypt.

Mobilized at the start of the war, he was subsequently assigned to the purchasing mission in London and then in New York until July 1940, when France surrendered. He moved back, and became Intendant of Economic Affairs in Lyon. He was appointed Chief of Staff to Paul Charbin, Secretary of State for Supply in the Vichy government.


After the war, he successively became Secretary General in 1945, Deputy Director General in 1947, Director General in 1954, then Chairman and CEO in 1957 of Suez. Following the nationalization of the canal, he led the negotiations with Egypt. It is unclear what role he played during the Suez crisis, the Franco-Israeli-British invasion of Egypt in 1956. He then set up the Suez Financial Company, of which he became Chairman.

He then created the Banque de Suez, which he merged with the Union des Mines-La Hénin in 1966 and which took control of the Banque de Union Parisienne. It had major holdings in companies such as Lyonnaise des Eaux, Ferodo, Béghin, Saint-Gobain, Pont-à-Mousson and others.

He was also chairman of Crédit Industriel de l'Ouest (CIO), administrator of Crédit Industriel et Commercial (CIC), Air France, Commercial Bank of Morocco, and various other banks and companies. He retired from Suez in 1971.[1]

In 1978, he founded the Association du Souvenir de Ferdinand de Lesseps and the Suez Canal.


Event Participated in

Bilderberg/196625 March 196627 March 1966Germany
Hotel Nassauer Hof
Top of the agenda of the 15th Bilderberg was the restructuring of NATO. Since this discussion was held, all permanent holders of the position of NATO Secretary General have attended at least one Bilderberg conference prior to their appointment.