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Nominations in the Executive Committee of BNP Paribas Fortis

Yvan De Cock Appointed Head of Corporate & Public Bank Belgium, and a member of the Executive Committee

As from 1 March 2011, Yvan De Cock will take over as Head of Corporate & Public Bank in Belgium, thus succeeding Max Jadot. Yvan De Cock will also become a member of the Executive Committee of BNP Paribas Fortis and as such he will report directly to Max Jadot.

Yvan De Cock (56) is currently CEO of Fortis Bank Turkey, where he is overseeing the integration of Fortis Bank Turkey and Turk Ekonomi Bankasi (TEB).

Mr. De Cock holds a Master's degree in Law from the University of Leuven and a Masters in Financial Management from the European University College EHSAL (Brussels). He began his financial career in 1984 at Generale Bank as Export Finance Manager. He has extensive experience in export and project finance, commodities finance and corporate banking. In Generale Bank he was Head of Trade Finance group between 1988 and 1994 en from 1994 to 1999 Head of Corporate Banking North Center Area BE. Between 1999 and 2002 he was General Manager Global Corporate Banking in Fortis Bank. Appointed CEO of Fortis Bank UK in 2002, he headed the banking activities of Fortis in the United Kingdom for four years. Since 2006 he has served as Chairman of the Executive Board and CEO of Fortis Bank Turkey.

“With Yvan De Cock we are strengthening our management team with an experienced banker,” commented Max Jadot, adding: “His international experience and knowledge of corporate banking make him the ideal person to head up our Corporate & Public Bank business in Belgium. We wish him every success in his new role, in favour of our clients.”

Oliver de Broqueville appointed as member of the Executive Committee

As of 1 March 2011, Olivier de Broqueville will join the Executive Committee of BNP Paribas Fortis, reporting to Max Jadot. Olivier de Broqueville is responsible for BNP Paribas Fortis Investment Solutions. In Belgium, Investment Solutions comprises the Securities services business line with BNP Paribas Securities Services, the insurance business line with Cardif, the real estate business line with BNP Paribas Real Estate and the asset management business line with Investment Partners (formerly FIM).

Jacques d'Estais, Head of Investment Solutions and Member of the Executive Committee of BNP Paribas: “Olivier de Broqueville is the ideal candidate to coordinate the activities of Investment Solutions in Belgium. As former CEO of Cortal Consors in Belgium, Olivier not only has an excellent knowledge of the Belgian bank activities, but he also knows BNP Paribas group and its core businesses. I wish him the best of luck in his new assignment and with the integration of the activities of BNP Paribas Fortis within Investment Solutions.

The appointments thus proposed and decided by the Board still remain to be submitted to the competent authorities for their approval.

BNP Paribas Fortis offers a comprehensive package of financial services for retail customers, wealthy individuals, companies, public and financial institutions for which it can draw on BNP Paribas' know-how and international network.

BNP Paribas is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and more than 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
* Rated AA by Standard & Poor's i.e. 3rd rating level on a scale of 22.