BNP Paribas Investors Back New Term for CEO Jean-Laurent Bonnafe
BNP Paribas SA shareholders confirmed Chief Executive Officer Jean-Laurent Bonnafe for another three-year term as director, clearing the way for him to become one of Europe's longest-serving bank CEOs.
Shareholders at the bank's annual general meeting in Paris on Tuesday also voted to raise the age limit for the CEO role to 68 years, from 65 currently. The change was needed to allow the 63-year-old to stay on in his role until 2028.
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