Christophe Mariot, Chief Executive Officer, BNP Paribas Investment Company KSA, said: The goal of BNP Paribas Investment Company KSA is to support the development of BNP Paribas, which has been present in the Kingdom of Saudi Arabia for many years, more in the investment banking spectrum, and therefore align the various business lines we have fixed income, corporate finance, and advisory towards high profile investment banking mandates serving the country s government, as well as its strategic corporates, and large financial institutions.
1967 The Société Générale de Banque, a forerunner to BNP Paribas, participates in a trade mission to the Kingdom of Saudi Arabia led by Prince Albert of Belgium (later King Albert II).
Mr A. Dralans, Deputy Manager of the Brussels Paribas branch, meets with prominent government officials.
1974 Paribas President, Jacques de Fouchier, visits the Kingdom of Saudi Arabia and is granted an audience with H.H. King Faisal bin Abdulaziz Al Saud; he also meets with other high level senior officials.
1975 BNP becomes one of the founding shareholders of the Saudi International Bank.
1976 BNP President, Pierre Ledoux, attends a meeting of the Board of Directors of the International and Arab Investment Bank in Jeddah, where he meets financial authorities and concludes agreements with major banks in the Kingdom.
2000 Banque Nationale de Paris (BNP) and Banque de Paris et des Pays-Bas (Paribas) merge to form BNP Paribas.
2004 BNP Paribas is granted a universal banking license in the Kingdom.
2005 BNP Paribas opens the commercial branch in Riyadh. The ceremony was attended by BNP Paribas Chief Executive Officer, Baudouin Prot, and H.E. Mr Hamad Al-Sayari, Governor of the Saudi Arabian Monetary Agency (SAMA).
2006 BNP Paribas Chairman, Michel Pébereau, accompanies French President, Jacques Chirac, on an official state visit to the Kingdom, where he meets executives of major companies. Pébereau also visits the Riyadh branch and gives a speech to local staff.
2007 BNP Paribas concludes strategic asset management partnership with the Saudi Investment Bank.
2008 Jacques d Estais, Head of Investment Solutions and member of the BNP Paribas Executive Committee, visits the Kingdom of Saudi Arabia and meets with senior government and regulatory officials.
2009 Jean Lemierre, Advisor to the Chairman, visits the Kingdom of Saudi Arabia and meets with senior government officials.
Alain Papiasse, BNP Paribas Head of Corporate & Investment Banking (CIB), visits the Kingdom of Saudi Arabia and meets with senior government officials and clients.
172 T H E H I S T O R Y O F B N P PA R I B A S I N T H E G U L F S TAT E S