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Laurent David is appointed Chief Operating Officer for the International Retail Banking and Financial Services core business

On 15 October 2007, Laurent David was appointed Chief Operating Officer for the International Retail Banking and Financial Services core business (IRFS). Based in Paris, he reports directly to Pierre Mariani, head of the IRFS core business.

Laurent David, 37, Mining Engineer, began his career at the French Ministry of the Economy, Finance and Industry, where he held several positions including technical advisor to the offices of Laurent Fabius and Florence Parly from 2000 to 2002. He began working for BNP Paribas Assurance in 2002 as Director of Planning and Management Audit before assuming responsibility for the Cardif network in 2005. He became a member of the Executive Committee in 2006, in charge of all Cardif sales activity with non-captive partners in France.

About International Retail Banking and Financial Services
Composed of four business lines, the International Retail Banking and Financial Services core business (IRFS) includes the subsidiaries and branches of BNP Paribas, operating under well known brands that are often leaders in their respective markets.
Its networks in the United States (20 States) and in emerging markets (33 territories in Eastern Europe, Asia, Africa, Near and Middle East, French Overseas Departments and Territories) act as a platform for deployment of the specialized financial services business lines (Equipment Solutions, BNP Paribas Personal Finance) and, beyond all business lines of BNP Paribas group.
The IRFS core business has a staff of more than 66,500 in 58 countries.

About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 5 strongest banks in the world according to Standard & Poor's. The group is present in over 85 countries, with 155,000 employees, including 123,000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank's two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.