Finance

BNP Paribas shareholders approve renewal of Bonnafe's mandate as board director

Published by Global Banking and Finance Review

Posted on May 13, 2025

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PARIS (Reuters) -BNP Paribas shareholders approved on Tuesday the renewal of Jean-Laurent Bonnafe's mandate as board director, paving the way for him to remain CEO of the French bank until 2028.    Shareholders approved BNP's related sixth resolution with 99.16% voting in favour. Investors are also voting on a separate resolution to raise the age limit for a CEO, which would allow Bonnafe to remain beyond 2028.

(Reporting by Mathieu RosemainEditing by Tommy Reggiori Wilkes)