Pierre de Villeneuve has been appointed Chairman and Chief Executive Officer of BNP Paribas Cardif, effective 12th October 2013. He replaces Eric Lombard who has decided to continue his career outside the Group.
Pierre de Villeneuve was previously Deputy Chief Executive Officer of BNP Paribas Cardif and has been a member of the Executive Committee since 2004. He has supported the development of the insurance business since its foundation in 1973.
Pierre de Villeneuve and the Executive Committee will continue to roll out the strategy of BNP Paribas Cardif.
“Thanks to the quality and professionalism of its teams, BNP Paribas Cardif has become a benchmark in the insurance world and a key business line for BNP Paribas,” commented Jean-Laurent Bonnafé, BNP Paribas Group CEO. “I am confident that Pierre de Villeneuve will fully succeed in this role”.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.
About BNP Paribas Cardif
BNP Paribas Cardif (www.bnpparibascardif.com) integrates the life and property & casualty insurance subsidiaries of BNP Paribas. It develops savings and protection products and services which are distributed via a wide range of channels. Present in 37 countries with a diversified geographic footprint, BNP Paribas Cardif has strong positions in Europe, Latin America and Asia.
In 2012, it had gross written premiums of 24.3 billion euros, with 56% of gross written premiums generated outside France. BNP Paribas Cardif counts nearly 10,000 employees*, of whom 68% work outside France.
With a strong commitment to exemplary Corporate Social Responsibility, BNP Paribas Cardif develops responsible products and services, supports diversity within the company, deploys an internal environmental policy and supports economic and financial education.
BNP Paribas Cardif is marking 40 years of operations in 2013.
*Headcount for legal entities controlled by BNP Paribas Cardif: over 8,000 employees.
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