The new Asia-Pacific head at the French banking group, who has worked at the institution since 1988, has had a number of senior roles in Europe and Asia.
BNP Paribas has appointed Paul Yang as its Asia-Pacific head, taking over from Eric Raynaud from 1 December. Raynaud is retiring from the French banking group after being at the firm for more than four decades.
Yang’s new role adds to his position as CEO of corporate and institutional banking for Asia-Pacific.
With more than 30 years’ experience at BNP Paribas, Yang has been in senior executive posts in France and Asia. In his expanded role, Yang, will oversee all the group’s activities in APAC, whilst continuing to act as CEO of CIB Asia Pacific. His extensive knowledge of the region, his diversified experience coupled with the long-planned transition, will ensure strong continuity of service for clients.
Yang joined BNP Paribas in Paris in 1988. He was head of Greater China from 2014 to 2019 and chief executive of BNP Hong Kong Branch from 2011 to 2019. Prior to that he was deputy head of corporate finance for Greater China from 2007 to 2011. Yang has also been deputy CEO of BNP Paribas Hong Kong branch from 2004 to 2007, and he was head of territory for Taiwan from 2001 to 2004.
The firm paid tribute to Raynaud.
“Over the last 10 years, Eric successfully drove the group activities in the APAC region, and considerably developed our presence while consolidating our business franchises. I wish him all the best for his personal future,” BNP Paribas CEO Jean-Laurent Bonnafé said.