PARIS (Reuters) – BNP Paribas has appointed Philippe Maillard as group chief operating officer, effective February 11, France’s biggest bank said on Tuesday.
He replaces Laurent David, whose departure BNP announced on Monday, saying he was leaving to devote himself to new professional projects.
Maillard was until now COO of the lender’s Corporate & Institutional Banking division.
Maillard is a company veteran, having joined BNP in 1992 as a credit analyst. As COO for the group, he will oversee technology, IT, data, facilities management, procurement and internal consulting, BNP said in the statement.
David was part of the five-member general management of the group, led by Chief Executive Jean-Laurent Bonnafe.
Maillard is joining the larger executive committee, a spokesperson for the company said.
BNP’s executive committee is composed of the general management and other heads of business and central functions, according to the bank’s website.
(Reporting by Mathieu Rosemain Dominique Vidalon; Editing by GV De Clercq and Emelia Sithole-Matarise)
