Group Chief Executive Officer, Jean-Laurent Bonnafé, said “Frédéric contributed significantly to the development of BNP Paribas, the quality of the Group's management practices and employment environment, as well as to the successful integration of Fortis. I would like to express my sincere thanks and wish him all the best for his new job”.
When he announced his departure, Frédéric Lavenir said “The 12 years I have spent at BNP Paribas have been a really great experience for me, both at the professional and personal level. I am proud to have worked for a company capable of reconciling ethics and economic performance so remarkably on a daily basis”.
Frédéric Lavenir's successor will be appointed shortly.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in 80 countries with nearly 200,000 employees, including more than 150,000 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.