BNP Paribas announces that Thierry Varène will join the Group's Executive Committee as General Delegate in charge of Large Clients starting on 1 December 2014.
In addition, as announced on 20 November 2014, under the new governance for BNP Paribas Corporate and Institutional Banking, Thierry will act as Chairman of Corporate Clients Financing and Advisory EMEA, starting on 5 January 2015.
Jean-Laurent Bonnafé, Director and Chief Executive Officer of BNP Paribas, said: "We are very pleased to have Thierry join the Group's Executive Committee. He will bring his knowledge and experience to our discussions in order to serve our Large Clients."
BNP Paribas has a presence in 75 countries with more than 180,000 employees, including 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.