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Press Release

Georges Chodron de Courcel, 64, BNP Paribas’ Chief Operating Officer, will retire on 30 September 2014.

Georges Chodron de Courcel has devoted his entire 42-year career to BNP and then BNP Paribas, and has made a decisive contribution to the Group’s development, and especially to the project which eventually led to the creation of the new BNP Paribas entity.

The Board of Directors of BNP Paribas pays tribute to the career and work of Georges Chodron de Courcel, who has been one of the key players in the expansion of BNP Paribas and its businesses, especially outside France, through the various positions that he has held.

Georges Chodron de Courcel commented: “I am proud to have contributed to building this outstanding Group, which has now become one of the European leaders in its industry. I am convinced that BNP Paribas will be able to play a prominent role in the coming years”.

As a Director of several listed companies, in order to continue to fulfill his director roles while complying with the new French banking law, which limits the number of such mandates for bank corporate officers, Georges Chodron de Courcel will stand down from his role as BNP Paribas’ Chief Operating Officer on 30 June at his own request.

About BNP Paribas
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including more than 140,000 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.