Baudouin Prot
Baudouin Prot | |
|---|---|
| Born | 24 May 1951 |
| Nationality | French |
| Alma mater | HEC Paris, ÉNA |
| Occupation | Senior Advisor at Boston Consulting Group Former CEO of BNP Paribas |
Baudouin Prot (born 24 May 1951) is a French economist who served as chairman of BNP Paribas' Board of Directors till 1 December 2014. He is currently a Senior Advisor at Boston Consulting Group and Partners Group.[1]
Early life and education[]
Prot was born 24 May 1951. He graduated from HEC Paris in 1972 and from the École nationale d'administration in 1976.[2]
Career[]
Career in the public sector[]
From 1974 to 1983 Prot was successively the Deputy Prefect of the Franche-Comté region of France, French General Inspector of Finance, and the Deputy Director of Energy and Raw Materials of the Ministry of Industry.
Career in private banking[]
Prot joined the Banque nationale de Paris in 1983. After BNP merged with Paribas in 2000, he was appointed CEO in 2003.[3] Together with his mentor Michel Pébereau, he built BNP into one of the eurozone’s biggest banks with €1.8 trillion in assets and more than 185,000 employees in 75 countries.[4] He stepped down in 2011 to become chairman of the bank's Board of Directors.
When BNP had to pay $8.9 billion fine to US regulators for sanctions violations – the bank had illegally processed more than $30 billion of transactions for groups in Sudan, Iran and Cuba between 2002 and 2012[5] –, Prot was replaced by Jean Lemierre.[6]
Other activities[]
Corporate boards[]
- Veolia, Independent Member of the Board of Directors (since 2003)[7]
- Lafarge, Independent Member of the Board of Directors (2011-2015)
- Accor, Member of the Board of Directors (2004-2009)
- , Member of the Board of Directors (2004-2014)
- Pinault-Printemps-Redoute, Member of the Board of Directors (1998-2005)
Non-profit organizations[]
- Association Française des Banques, Chairman
- Institute of International Finance (IIF), Member
Recognition[]
In 2006 Prot was awarded ‘Financier of the Year’, primarily in acknowledgement of the successful acquisition of Italian bank Banca Nazionale del Lavoro, which was executed in a record time. In 2007 Prot also picked up the ‘Social and Corporate Responsibility’ award by the Foreign Policy Association (FPA).[8]
In April 2010 Prot became an Officer of the Légion d'honneur.[9]
References[]
- ^ Board of Directors Veolia.
- ^ "At a Glance: Baudouin Prot". Forbes. Retrieved 21 February 2013.
- ^ "Executive profile-Baudouin Prot". Businessweek. Retrieved 7 March 2013.
- ^ Martin Arnold (September 23, 2014), BNP Paribas chairman Baudouin Prot to step down Financial Times.
- ^ Martin Arnold and Michael Stothard (February 6, 2015), BNP chiefs lose bonuses after $8.9bn fine Financial Times.
- ^ Martin Arnold (September 23, 2014), BNP Paribas chairman Baudouin Prot to step down Financial Times.
- ^ Board of Directors Veolia.
- ^ "Baudouin Prot". European CEO. Retrieved 25 February 2013.
- ^ Le Figaro
See also[]
- 1951 births
- Living people
- HEC Paris alumni
- École nationale d'administration alumni
- French bankers
- French chief executives
- Inspection générale des finances (France)
- Businesspeople from Paris
- PPR (company) people
- BNP Paribas people
- Officiers of the Légion d'honneur