Our main governance bodies are the Board of Directors and the Executive Officers (Chief Executive Officer and Chief Operating Officers). Acting in the interest of the Group and its stakeholders, notably its shareholders and investors, they steer the strategy in line with a long-term vision and a sustainable growth objective. The Board of Directors determines the strategic orientations of BNP Paribas based on proposals made by the General Management, which, assisted by its Executive Committee, implements them and manages day-to-day business.
They have three main responsibilities:
At the heart of our governance is the principle of shareholder equality. None of the Bank’s shares entitles their holders to an increased dividend or double voting rights or limits the exercise of voting rights.
Assisted by four specialised committees, the Board brings together the expertise of 14 Directors (see pages 44-45). It performs several missions:
Assisted by its Executive Committee, it comprises a Director and Chief Executive Officer, two Chief Operating Officers and a Deputy Chief Operating Officer. It meets at least once a week.
Its main missions are:
The Executive Committee comprises General Management and the Heads of BNP Paribas’ main business lines and functions (see pages 46-47).
Our governance system in terms of sustainable finance has been strengthened since 2021. Since then, three committees, including members of the General Management, have been working to support the integration of these issues into the Group’s strategy and within each entity.
Under the leadership of the Director and Chief Executive Officer, it met five times in 2024. It notably ruled on our loan portfolios alignment commitments for new sectors, updating the Risk Appetite Statement and the Pillar 3 ESG disclosures.
Under the direction of the Group’s Deputy Chief Operating Officer, this committee met nine times in 2024 to monitor the deployment - at the methodological, normative and operational levels - of processes and reports related to sustainable finance, such as the ESG Assessment.
Chaired by the Group General Counsel and the Head of Company Engagement, it met twice in 2024 to inform its members about the main regulatory texts. Among the topics discussed were the notion of sustainable investment in the context of the SFDR(1) regulation and the French and European legal frameworks on the Duty of Care (CS3D(2)).