BNP Paribas today announced that Paul Yang will become Head of Asia Pacific (APAC), in addition to his role as CEO of Corporate and Institutional Banking (CIB) APAC, succeeding Eric Raynaud from December 1, 2020.
Mr Raynaud will retire from BNP Paribas in December, after a more than 40-year career in banking including more than half of that time in Asia.
“Over the last 10 years, Eric successfully drove the Group activities in the APAC Region, and considerably developed our presence while consolidating our business franchises. I wish him all the best for his personal future,” said BNP Paribas CEO Jean-Laurent Bonnafé. “I have great confidence in Paul to achieve new successes in the region, leveraging on the solid foundations that we have built in Asia Pacific and strengthened under Eric’s leadership.”
With more than 30 years’ experience at BNP Paribas in senior executive roles in France and Asia, Mr Yang is well-placed to continue developing the APAC franchise and enabling clients to grow their own businesses in the fast-changing region. In his expanded role, Mr Yang, will oversee all the Group’s activities in APAC, whilst continuing to act as CEO of CIB Asia Pacific. His extensive knowledge of the region, combined with a diversified experience coupled with the long-planned transition, will ensure strong continuity of service for clients.
Paul Yang’s biography can be found here.
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