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European Financial Services Round Table

Baudouin Prot
Chairman of the Board
BNP Paribas

Baudouin Prot was appointed Chairman of BNP Paribas on 1st December 2011.

Education and Early Career

Baudouin Prot is an alumnus of the HEC Business School where he received an MBA in 1972 and the National School of Administration (ENA) from where he graduated in 1976. After graduating, Baudouin Prot joined the French Treasury (1976-1980) before he was appointed Deputy Head for Energy and Commodities at the Ministry of Industry (1980-1983).

Career at the Bank

Baudouin Prot joined Banque Nationale de Paris (BNP) in 1983 as Deputy Manager of Banque Nationale de Paris Intercontinentale (BNPI), before taking over as head of the European Division in 1985. He joined French Retail Banking in 1987. He was Head of French Retail Banking from 1987 to 1996 and then became Deputy Managing Director in 1992. In 1996, he became Chief Operating Officer of BNP. When BNP Paribas was created in 1999, he was named Chief Operating Officer. In 2000, he was appointed a member of BNP Paribas' Board of Directors. In 2003, Michel Pébereau decided to separate the positions of Chairman and Chief Executive Officer. Baudouin Prot thus became Chief Executive Officer of BNP Paribas. Just after he was appointed, he found himself handling a very important corporate case—the rescue of Alstom—in which he played an instrumental role in formulating the bank’s solution. In 2006, he rallied the support of his teams so that, in the space of a few days, BNP Paribas could seize an opportunity to take over BNL, a major banking group in Italy. In 2009, a 7-month period of uncertainty and in the middle of a financial crisis that BNP Paribas managed to withstand better than most of its peers, BNP Paribas stayed on course to complete its integration of Fortis Bank and BGL, successfully pulling off its plan to become a major player in Europe.

Financial Institutions

Director at the IIF (Institute of International Finance); Member of the International Advisory Panel of the MAS (Monetary Authority of Singapore)

Awards and Honours

2006: He was named "Financier of the Year" for the successful integration of BNL and once again in 2009 along with Michel Pébereau for successfully steering BNP Paribas through the financial crisis.
2007: Baudouin Prot was the recipient of the Foreign Policy Association award (USA) for "Corporate Social Responsibility".
2009: He was named "Strategist of the Year" by the financial daily newspaper La Tribune for the integration of Fortis.
2010: The Institutional Investor magazine named him "Best European Banking CEO".
He was named Officer of the Legion of Honour and Officer of the National Order of Merit.