BNP Paribas announces the appointment of Yann Gérardin as Deputy Chief Operating Officer in charge of CIB

BNP Paribas announces the appointment of Yann Gérardin as Deputy Chief Operating Officer in charge of CIB

PARIS, 08-Oct-2018 — /EuropaWire/ — Yann Gérardin, Head of Corporate and Institutional Banking (CIB) since 2014, is appointed Deputy Chief Operating Officer in charge of CIB with effect from 1 October 2018.

Alain Papiasse is appointed Chairman of CIB. As member of the Executive Committee, Alain will bring his expertise and knowledge of the BNP Paribas Group to develop relationships with large international clients, while continuing to oversee the Group’s activity in North America and the United Kingdom. He will also preside over certain Group General Management committees.

Jean-Laurent Bonnafé, Chief Executing Officer of BNP Paribas said,

“As Head of CIB for the last four years, Yann Gérardin has used his managerial and leadership skills to transform the CIB business and make it the European reference partner with a global reach for its clients. This promotion also rewards his commitment and considerable contribution to the success of BNP Paribas over the last 32 years. I am very confident in his capacity to continue the CIB development plan and the adaptation of the business to the external environment.”

Following this appointment, the BNP Paribas General Management now comprises:

• Jean-Laurent Bonnafé, Chief Executive Officer of BNP Paribas
• Philippe Bordenave, Chief Operating Officer
• Jacques d’Estais, Deputy Chief Operating Officer, International Financial Services
• Yann Gérardin, Deputy Chief Operating Officer, Corporate and Institutional Banking
• Michel Konczaty, Deputy Chief Operating Officer
• Thierry Laborde, Deputy Chief Operating Officer, Domestic Markets

Yann Gérardin joined BNP in 1987 and set up the bank’s Equity Derivatives business. Following the merger with Paribas in the year 2000 he was appointed Global Head of Equity Derivatives for the newly-created Group. In early 2005, he took charge of the BNP Paribas Equities & Derivatives division. Later that year the Commodity Derivatives business was incorporated into this division,

In 2011, Mr Gérardin became a member of the BNP Paribas Group Executive Committee, and in 2014 was appointed Head of Corporate and Institutional Banking.

Yann Gérardin is a graduate of the leading Paris business school École des Hautes Études Commerciales (HEC) and the Paris Institute of Political Studies (‘Sciences Po’), and also holds a Bachelor’s degree in Econometrics.

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance.

In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending.

BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

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+33 (0) 1 43 16 82 04
julia.boyce@bnpparibas.com