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Key appointments within BNP Paribas CIB

Following the successful integration of BNP Paribas Fortis' corporate and investment banking activities, BNP Paribas CIB is pleased to announce the following key appointments effective 1st January 2011:


Eric Raynaud, currently Chief Operating Officer of BNP Paribas Fortis, Head of BNP Paribas Fortis CIB and CIB coordinator for Asia-Pacific, is appointed Head of Asia-Pacific for the Group and CEO for BNP Paribas CIB APAC, based in Asia. In his capacity as CEO for BNP Paribas CIB APAC, Eric Raynaud will report to Alain Papiasse, Head of BNP Paribas CIB.

Jean-Yves Fillion, currently Head of Client Coverage for BNP Paribas CIB in North America, is appointed Chief Operating Officer of BNP Paribas Fortis and Head of BNP Paribas Fortis CIB, replacing Eric Raynaud and reporting to Jean-Laurent Bonnafé, in his capacity of Chief Executive Officer of BNP Paribas Fortis, and to Alain Papiasse, Head of BNP Paribas CIB. Jean-Yves Fillion will be based in Brussels and will join the BNP Paribas Fortis Executive Committee. He will also be proposed as member of BNP Paribas Fortis' Board of Directors, subject to the approval of the shareholders at the Annual General Meeting in 2011.

The following appointments have also been made in order to support our ambition in Europe and to further leverage our setup in this region:

- Thierry Varène will take direct responsibility for the United Kingdom, Germany and Spain, which are strategic countries to the development and expansion of our Investment Banking Europe franchise. Besides, BNP Paribas' CIB activities in Italy and France - two of BNP Paribas' domestic markets - will report to him. He keeps his current responsibilities and continues to report to Alain Papiasse.

- Jean-Yves Fillion will take direct responsibility for all other BNP Paribas CIB countries in Europe, reporting to Alain Papiasse in this capacity and will join the BNP Paribas CIB Executive Committee.

Following Jean-Yves Fillion's appointment to a new role in Europe Guido van Hauwermeiren, Head of International Coverage, is also appointed Head of client Coverage Americas, covering both the North and South American regions. In this respect, he will act on behalf of Everett Schenk, Head for North America and Louis Bazire, Head for South America. He will be based in New York. As Head of International Coverage, Guido van Hauwermeiren continues to report to Alain Papiasse and remains member of the CIB Executive Committee.

Finally, in order to further develop our global investment banking (IB) capabilities, Lincoln Payton is appointed Head of IB Energy & Commodities (E&C) in addition to his role as Head of the E&C franchise for BNP Paribas CIB globally. In this new role Lincoln will be based in New York and will report to Thierry Varène, who has a leading role on all Investment Banking initiatives globally. Lincoln Payton will continue to report to Alain Papiasse in his capacity as Head of the E&C sector for CIB and remains member of the CIB Executive Committee.


“I am confident that these appointments will help us consolidate our presence in the top league of CIBs globally, uphold our European leadership, grow our footprint in Asia Pacific and increase and deepen our client base worldwide,” said Alain Papiasse, Head of BNP Paribas CIB.


About BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs about 20,000 people in over 50 countries and services 13,000 corporate and institutional clients worldwide.

BNP Paribas CIB excels in:

Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives.
Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally.

www.cib.bnpparibas.com