PARIS, FRANCE--(Marketwired - Dec 1, 2014) - The Board of Directors of BNP Paribas today appointed Jean Lemierre as Director and Chairman of the Board of Directors.
He succeeds Baudouin Prot, who informed the Board of Directors on 26 September of his decision to step down as Chairman and Director from the 1st December 2014.
With the other members of the Board, Jean Lemierre will oversee the implementation of the Group's business development plan as well as the reinforcement of its governance and of its internal control measures put in place in recent months.
Since September 2008, Jean Lemierre has acted as advisor to BNP Paribas and as its international representative with regulators as well as economic and political leaders.
Before joining BNP Paribas, he carried out two mandates as President of the European Bank for Reconstruction and Development (2000-2008). In addition, he served as Head of the French Treasury (1995-2000).
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including 140,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.