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Turning the page at BNP Paribas. Baudouin Prot will step down as chairman of the board of directors of the bank 1 st December, two years before the end of its term, scheduled for 2017 should also give up his seat as director.
At that time, Mr. Prot will be replaced by Jean Lemierre, senior international official who headed the European Bank for Reconstruction and Development (EBRD) in the 2000s before becoming advisor to BNP Paribas A 2008 board is convened, Friday, Sept. 26 at 18 h 30 to endorse this process, since July, fueling the rumor.
The script was not written that way. But it will not withstand the shock of the triple long financial crisis of 2008, followed by public debt in 2010 and the American fine for BNP Paribas in July for violating the rules of American embargoes on Iran , Sudan and Cuba.
After thirty-one years at BNP Paribas, including eight as CEO (2003-2011) and three as president (since 2011), Mr. Prot decided to hand its mandate, hard hit by the continuing series of storms during his presidency.
“PROVEN BY DIFFICULT YEARS”
The case American and temporarily opprobrium cast on one of the best students in the global banking sector – previously always referenced to its risk management and attention to ethics – have brought the final blow to a leader whose all Paris. ..
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