Complex Made Simple

BNP Paribas announces new appointment

appoints Jacques Michel as Head of Middle EAst and Africa, Corporate and Institutional Banking.

BNP Paribas has announced the appointment of Jacques Michel as Head of the Middle East and Africa for Corporate & Institutional Banking.

Jacques will take over the role from Jean-Christophe Durand.

Based in Bahrain, Jacques will report to Marc Carlos, Head of Country Management EMEA.

He will become Country Head for Bahrain and will also supervise the Kingdom of Saudi Arabia, United Arab Emirates, Kuwait, Qatar, South Africa and the Casablanca Finance City (CFC) office in Morocco.

Prior to this appointment, Jacques was the Country Head of BNP Paribas India since December 2009 and a member of the Executive Committee of BNP Paribas Asia Pacific.

With an international banking career spanning 25 years in Asia after a decade-long career in France, Jacques brings with him extensive experience in Corporate and Institutional Banking Before he joined BNP Paribas India, Jacques was Deputy Chief Executive Officer, Fortis AsiaPacific, based in Hong Kong.

He has worked in Asia for eighteen consecutive years, ten of which have been in Hong Kong. Jacques has served with Credit Lyonnais, formerly known as Calyon, from 1996 to 2007 as Senior Country Officer in Thailand and as Chief Risk Officer for Asia-Pacific in Hong Kong.

Marc Carlos stated: “I would like to thank Jean-Christophe for the dedication that he has shown to the Group and our clients throughout his 19 years of service in the region. I am confident that with Jacques’ strong expertise in Corporate & Institutional Banking, he will carry on this tradition and continue to shape MEA in line with CIB’s strategic ambitions to deliver seamless and integrated solutions for our clients.”

Jacques added: “It is my privilege to have the opportunity to lead BNP Paribas’ Corporate and Institutional Banking franchise in Middle East and Africa. In a dynamic region with unique opportunities, I look forward to building on the strong foundation and goodwill that BNP Paribas enjoys here.