The head of BNP Paribas intends to resign

The most influential banker of France Michel Pebero resigns from his post as chairman of the board of directors of the bank BNP Paribas, reported The Financial Times. According to Reuters, the resignation Pebero will be announced at a shareholders meeting BNP Paribas, which will be held in Paris on Wednesday. In place of the famous banker claimed two men. The first of them - is chief executive Baudouin Prot Bank, which oversee the operations of BNP Paribas in the crisis. Among its obvious merit, - the purchase of Belgian bank Fortis and BNP Paribas cautious policy of granting loans to pre-crisis years. Baudouin Prot feel confidant Michel Pebero. The second contender to head the board of directors of the bank's experts believe the publication of Chief Operating Officer BNP Paribas, Jean-Laurent Bonafe. He has participated in conducting complex financial maneuvers to buy Fortis and Italian bank BNL and for many years worked hand in hand with Baudouin Proto. Financial performance of BNP Paribas are growing, experts say. Net profit BNP Paribas in the I quarter of 2011 grew at an annualized 14.6% and reached 2.616 billion euros. Quarterly revenue increased relative to I quarter 2010 on 1,3% and amounted to 11.685 billion euros. Source: BFM.Ru