BNP Paribas USA Appoints José Placido as CEO and Jean-Yves Fillion as Vice-Chairman
Marianne Thiery appointed as CAO and CCO for BNP Paribas USA and CIB Americas
New York, NY, April 13, 2023 – BNP Paribas, Europe’s leading financial services institution, today announces the appointment of José Placido as CEO of BNP Paribas USA and Jean-Yves Fillion to the position of Vice-Chairman of the BNP Paribas USA Board of Directors. Both appointments are effective April 1 and follow the completion of the sale of the group’s US retail unit Bank of the West completed on February 1, as well as recognition of Corporate & Institutional Banking (‘CIB’) now being the primary business line within the US organization.
José will assume the role of CEO of BNP Paribas USA, the bank’s US holding company, and will oversee all US-business activities. He retains his role as CEO of CIB Americas.
Jean-Yves in his new role as Vice-Chairman will serve as executive sponsor to many of the bank’s most strategic US clients and will also continue to represent the BNP Paribas Group with external stakeholders.
Alain Papiasse, Executive Advisor to General Management, Chairman of CIB and Chairman of the Board, BNP Paribas USA, said: “I want to congratulate José and Jean-Yves on their new positions. I look forward to the continued successes of our US operations under José’s leadership, especially our CIB businesses. The strength of our business model and the deep expertise of our teams have delivered very strong results to date and we are well positioned to continue to gain market share through the development and deployment of our ambitious GTS 2025 plan in the region. Jean-Yves will continue to provide valuable counsel to our US organization and the wider BNP Paribas Group in his new role. Jean-Yves’ many successes in serving as CEO of BNP Paribas USA since 2016, including overseeing both our wholesale and retail operations and guiding our very significant upgrades to our infrastructure and regulatory standing over these past years, are greatly appreciated.”
In addition, BNP Paribas appoints Marianne Thiery to the roles of Chief Administrative Officer (CAO) and Chief Compliance Officer (CCO) for BNP Paribas USA and CIB Americas, effective April 1. In the role of Chief Compliance Officer, she will succeed Emmanuelle Bury, who has been appointed BNP Paribas UK Country Head. Marianne will report to José and to Stephanie Maarek, Head of Compliance for the Group. In the newly created role of CAO for BNP Paribas USA and CIB Americas, Marianne will incorporate an enhanced coordination and oversight over compliance, regulatory and legal matters.
In the US, BNP Paribas employees over 3,500 employees and operations in New York/New Jersey, San Francisco, Boston, Chicago, Denver, Washington, DC, and several other major cities including a new Miami office opening soon. The group is a leading European bank in the US for corporations and institutions, with its CIB unit a globally recognized leader offering capital markets, securities services, financing, treasury and advisory solutions, and a presence in 55 countries. The bank also operates a successful and growing Asset Management business in the US. The US platform is part of a wider BNP Paribas Americas presence with 8,000 employees and significant presence in Canada, Brazil, Mexico, Colombia, Chile, Peru and Argentina.
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About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 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, Turkey, 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.