Baudouin Prot, chief executive officer of BNP Paribas since 2003, has been declared the winner of “Andese Prize for the 2006 Financier of the Year” by prestigious international financial institutions.
The award has been given to the 55-year old Mr. Prot for his for the successful role he played in the acquisition of Italy-based BNL, which was conducted in a record time providing BNP Paribas a second retail market in Europe, and for the quality of the group results. BNP Paribas has enjoyed sharp growth in its international business and is now one of the world’s 10 leading banks.
Mr. Prot said: “With the integration of BNL, we have added a solid presence in Italy and a strong distributive capacity with large-scale potential growth, to the avant-garde European platforms of BNP Paribas. Italy is our second largest domestic market: France and Italy are geographically and culturally close, and so they offer the opportunity to transfer know-how efficiently and rapidly. We moved quickly and are going forward at a constantly accelerating rate.”
The prize is awarded to the person who has contributed the most to the development of the finance industry in France during the year. Groupe Finance de l’ANDESE, Association Nationale des Docteurs Es-Sciences Economiques, (National association for doctors of economic science) established the Andese prize in 1984. INVESTIR has hosted the prize since 1990 and together with FININFO since 2002.
The initial selection was made by a committee comprising Andese members and
representatives from Investir and Fininfo. The committee shortlists five after which the French financial community votes to choose the winner.
Baudouin Prot has been chief executive office of BNP Paribas since 2003. Mr. Prot joins the august group of previous Andese award winners including Patrick Ricard (2005), Jean-François Dehecq (2004), Thierry Breton (2003) and Maurice Levy (2002). Michel Pébereau was the 2001 winner for the success of the merger between BNP and Paribas.
BNP Paribas has been operating in the Gulf for over 33 years with a presence in five Gulf countries (Bahrain, United Arab Emirates, Qatar, Kuwait and Saudi Arabia). The teams also cover Oman and Yemen. BNP Paribas in the region accounts for approximately 400 employees, working for the three core business lines of the Group. The Regional Management is based in Bahrain which is the regional hub for BNP Paribas in the Gulf.
• Corporate and Investment Banking (CIB)
• Asset Management & Services (AMS & S)
• Retail Banking, including French Retail Banking (FRB) and International Retail and Financial Services (IRFS)
BNP Paribas Group Overview
An international financial services group, with solid roots in Europe, a significant and growing presence in the United States and leading positions in Asia.
• One of the largest international banking networks, present in over 85 countries
• A staff of 110,000 employees, including 80,000 in Europe
• The Group has three core businesses:
• Corporate and Investment Banking (CIB)
• Asset Management & Services (AMS & S)
• Retail Banking, including French Retail Banking (FRB) and International Retail and Financial Services (IRFS)
