Noel Lateef, President and CEO of the Foreign Policy Association (FPA), stated that the FPA's Corporate Social Responsibility Award is the highest recognition that the Association confers for good corporate citizenship, noting the extraordinary efforts of BNP Paribas and its employees in extending assistance to the victims of Hurricane Katrina in Louisiana and adjacent states.
Baudouin Prot was named Chief Executive Officer of BNP Paribas in June 2003. He has been with the firm for almost 25 years having started working for BNP in 1983. From August 1999, he led the merger process between BNP and Paribas which has long been successfully completed. In 2006, Baudouin Prot was elected “Financier of the year” in France for the success of the acquisition of Italian-based BNL (Banca Nazionale del Lavoro) which was conducted in a record time providing BNP Paribas a second retail market in Europe, and for the quality of the group results. BNP Paribas has enjoyed sharp growth in its international business and is now one of the world's 15 leading banks.
Prior to his current position he was President and Chief Operating Officer since 1996. He has been a member of the BNP Paribas Board of Directors since March 2000. He was a member of the Board of Bank of the West, BNP Paribas' retail subsidiary in the United States from 1987 to 1993.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization. It has more than 140, 000 employees, 14,000 of whom are based in the United States. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.
About the Foreign Policy Association
Founded in 1918, the mission of the Foreign Policy Association today, as it has been throughout its 88-year history, is to serve as a catalyst for developing awareness, understanding and informed opinion on U.S. foreign policy and global issues. Through its balanced, non-partisan publications and programs, FPA encourages citizens to participate in the foreign policy process. To learn more about the Foreign Policy Association, please visit www.fpa.org