Thierry Varène joins BNP Paribas Group's Executive Committee

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.

Press contacts:

Julia Boyce, BNP Paribas: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ +33 1 43 16 82 04, julia.boyce@bnpparibas.com

Pascal Hénisse, BNP Paribas: ​ ​ ​ ​ ​ +33 1 40 14 65 14, pascal.henisse@bnpparibas.com

Hilde Junius, BNP Paribas Fortis: +32 2 565 47 37, hilde.junius@bnpparibasfortis.com

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BNP Paribas Fortis (www.bnpparibasfortis.com) offers the Belgian market a comprehensive range of financial services for private individuals, the self-employed, professionals, companies and public organisations. In the insurance sector, BNP Paribas Fortis works closely, as a tied agent, with Belgian market leader AG Insurance. At international level, the Bank also provides high-net-worth individuals, large corporations and public and financial institutions with customised solutions, for which it is able to draw on the know-how and international network of the BNP Paribas Group.

Leader in banking and financial services in Europe, BNP Paribas (www.bnpparibas.com) operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, 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, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.

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