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BNP Paribas Chief Executive Officer, Baudouin Prot is Honored by the Foreign Policy Association.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- BNP Paribas is delighted to announce that Baudouin Prot, Chief Executive Officer of BNP Paribas has been awarded the 'Social & Corporate Responsibility' award by the Foreign Policy Association. Founded in 1918, the Foreign Policy Association is a non-profit organization dedicated to serving as a catalyst for developing awareness, understanding and informed opinion on U.S. foreign policy and global issues.

Noel Lateef, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Foreign Policy Association (FPA 1. (hardware) FPA - floating-point accelerator.
2. (programming) FPA - Function Point Analysis.
), stated that the FPA's Corporate Social Responsibility Award is the highest recognition that the Association confers for good corporate citizenship Corporate Citizenship

The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while
, noting the extraordinary efforts of BNP Paribas and its employees in extending assistance to the victims of Hurricane Katrina in Louisiana and adjacent states.

Baudouin Prot was named Chief Executive Officer of BNP Paribas in June 2003. He has been with the firm for almost 25 years having started working for BNP BNP B-type natriuretic peptide, brain natriuretic peptide Physiology A 32-residue peptide hormone produced predominantly in the ventricles, secreted in response to fluid overload–eg, CHF. See Atrial natriuretic peptide.  in 1983. From August 1999, he led the merger process between BNP and Paribas which has long been successfully completed. In 2006, Baudouin Prot was elected "Financier of the year" for the success of the acquisition of Italian-based BNL BNL Brookhaven National Laboratory (Upton, NY)
BNL Bibliothèque Nationale de Luxembourg (French)
BNL Banca Nazionale del Lavoro
BNL Berkeley National Laboratory
BNL Bare Naked Ladies
 (Banca Nazionale del Lavoro Banca Nazionale del Lavoro SpA is an Italian banking firm. Founded in 1913 as Istituto di Credito per la Cooperazione, it was nationalized in 1929. It was re-privatized and listed on the Milan Stock Exchange in 1998, before being acquired by French banking group BNP Paribas ) which was conducted in a record time providing BNP Paribas a second retail market in Europe, and for the quality of the group results. BNP Paribas has enjoyed sharp growth in its international business and is now one of the world's 10 leading banks.

Prior to his current position he was President and Chief Operating Officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
 since 1996. He has been a member of the BNP Paribas Board of Directors since March 2000. He was a member of the Board of Bank of the West, BNP Paribas' retail subsidiary in the United States from 1987 to 1993.

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
. It has more than 140 000 employees, 14,000 of whom are based in the United States. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.

About the Foreign Policy Association

Founded in 1918, the mission of the Foreign Policy Association today, as it has been throughout its 88-year history, is to serve as a catalyst for developing awareness, understanding and informed opinion on U.S. foreign policy and global issues. Through its balanced, non-partisan publications and programs, FPA encourages citizens to participate in the foreign policy process. To learn more about the Foreign Policy Association, please visit www.fpa.org
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Publication:Business Wire
Date:Feb 21, 2007
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