Jean-Philippe Cotis joins BNP Paribas as Head of Economic Research (Group Chief Economist).
He will report to Philippe Bordenave, BNP Paribas Group Chief Operating Officer.
Jean-Philippe Cotis, 56, worked as an economist at the International Monetary Fund (IMF) in Washington, DC from 1986 to 1988. He headed the Forecasting Department at the French Ministry of Economics and Finance between 1997 and 2002, was Chief Economist at the Organisation for Economic Cooperation and Development (OECD) from 2002 to 2007 and was then appointed Director-General of INSEE, the French National Institute of Statistics and Economic Studies, a post which he held until 2012. Since 2012 he was Chief Economist of France's High Council on Public Finances. He is a graduate of leading French business school ESSEC (Ecole supérieure des sciences économiques et commerciales) and of the Ecole nationale d'administration (ENA).
Jean-Laurent Bonnafé, BNP Paribas Group CEO, commented: “Jean-Philippe Cotis will bring to BNP Paribas his internationally recognised expertise and his long experience of management at a number of French and international economic bodies.”
Former Chief Economist Philippe d'Arvisenet has been named Advisor to Group General Management.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 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.