Baudouin Prot (born 24 May 1951) is a French economist who was chairman of

BNP Paribas BNP Paribas is a French international banking group, founded in 2000 from the merger between Banque Nationale de Paris (BNP, "National Bank of Paris") and Paribas, formerly known as the Banque de Paris et des Pays-Bas. The full name of the grou ...

' board of directors until December 2014. He is now a senior advisor at

Boston Consulting Group Boston Consulting Group, Inc. (BCG) is an American global management consulting firm founded in 1963 and headquartered in Boston, Massachusetts. It is one of the Big Three (or MBB, the world’s three largest management consulting firms by rev ...

and

Partners Group Partners Group Holding AG is a Swiss-based global private equity firm with US$127 billion in assets under management in private equity, private infrastructure, private real estate and private debt. The firm manages a broad range of funds, struct ...

Early life

Prot was born 24 May 1951. He graduated from

HEC Paris HEC Paris (french: École des hautes études commerciales de Paris) is a business school, and one of the most prestigious and selective grandes écoles, located in Jouy-en-Josas, France. HEC offers Master in Management, MSc International Fi ...

in 1972, and from the

École nationale d'administration The École nationale d'administration (generally referred to as ENA, en, National School of Administration) was a French ''grande école'', created in 1945 by President of France, President Charles de Gaulle and principal author of the Constitu ...

in 1976.

Career

Public sector

From 1974 to 1983 Prot was successively the Deputy Prefect of the Franche-Comté region of France, French General Inspector of Finance, and the deputy director of Energy and Raw Materials of the Ministry of Industry.

Private banking

Prot joined Banque Nationale de Paris in 1983. After BNP merged with Paribas in 2000, he was appointed CEO in 2003. Together with his mentor Michel Pébereau, he built BNP into one of the

eurozone The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender, and have thus fully implemented EMU policies ...

’s biggest banks with €1.8 trillion in assets and more than 185,000 employees in 75 countries. He stepped down in 2011 to become chairman of the bank's Board of Directors. When BNP had to pay $8.9 billion fine to US regulators for sanctions violations – the bank had illegally processed more than $30 billion of transactions for groups in Sudan, Iran and Cuba between 2002 and 2012 –, Prot was replaced by

Jean Lemierre Jean Lemierre (born 6 June 1950) is a French former public servant who was the president of the European Bank for Reconstruction and Development from 2000 to 2008. He is now chairman of BNP Paribas. Career Public sector In 2000, Lemierre was ...

Other activities

Corporate boards

Veolia Veolia Environnement S.A., branded as Veolia, is a French transnational company with activities in three main service and utility areas traditionally managed by public authorities – water management, waste management and energy services. It pr ...

, Independent Member of the Board of Directors (since 2003) *

Lafarge La Farge, LaFarge or Lafarge can refer to: People * Antoinette LaFarge (1966–), American artist and writer * Christopher Grant LaFarge (1862–1938), American architect and partner in the firm Heins & LaFarge * Christopher Grant La Farge ( ...

, Independent Member of the Board of Directors (2011-2015) *

Accor Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor op ...

, Member of the Board of Directors (2004-2009) * Pargesa Holding, Member of the Board of Directors (2004-2014) * Pinault-Printemps-Redoute, Member of the Board of Directors (1998-2005)

Non-profit organizations

* Association Française des Banques, Chairman *

Institute of International Finance An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body. In some countries, institutes can ...

(IIF), Member

Recognition

In 2006 Prot was awarded ‘Financier of the Year’, primarily in acknowledgement of the successful acquisition of Italian bank

Banca Nazionale del Lavoro Banca Nazionale del Lavoro S.p.A. (BNL) is an Italian bank headquartered in Rome. It is Italy's sixth largest bank and has been a subsidiary of BNP Paribas since 2006. History Founded in 1913 as Istituto Nazionale di Credito per la Cooperazione, ...

, which was executed in a record time. In 2007 Prot also picked up the ‘Social and Corporate Responsibility’ award by the

Foreign Policy Association The Foreign Policy Association (formerly known as the League of Free Nations Association) is a non-profit organization founded in 1918 dedicated to inspiring the American public to learn more about the world. The Foreign Policy Association aims to ...

(FPA). In April 2010, Prot became an Officer of the

Légion d'honneur The National Order of the Legion of Honour (french: Ordre national de la Légion d'honneur), formerly the Royal Order of the Legion of Honour ('), is the highest French order of merit, both military and civil. Established in 1802 by Napoleon ...

.Le Figaro
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