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Founders

Who Founded BNP Paribas?

Michel Pébereau, Louis-Raphaël Bischoffsheim, Laurent-Antoine Pagnerre · Founded 2000 · HQ today: Paris, France

Who founded BNP Paribas?

BNP Paribas was founded by Michel Pébereau, Louis-Raphaël Bischoffsheim, Laurent-Antoine Pagnerre in 2000. It is now led by Jean-Laurent Bonnafé.

Founders
Michel Pébereau, Louis-Raphaël Bischoffsheim, Laurent-Antoine Pagnerre
Founded
2000
Headquarters
Paris, France
Number of founders
3
Current CEO
Jean-Laurent Bonnafé (since 2011)
Where was BNP Paribas founded?
BNP Paribas was founded in Paris, France in 2000.
When was BNP Paribas founded?
BNP Paribas was founded in 2000.
Who started BNP Paribas?
BNP Paribas was founded by Michel Pébereau, Louis-Raphaël Bischoffsheim and Laurent-Antoine Pagnerre.
How old is BNP Paribas?
BNP Paribas is 26 years old as of 2026.

Founding Story

BNP Paribas has two family trees. The BNP side starts with the Comptoir national d'escompte de Paris (CNEP), created by decree in March 1848 to restart credit after the February Revolution; publisher Laurent-Antoine Pagnerre was its first director and many early backers came from the Paris book trade. CNEP opened branches in Shanghai and Calcutta in 1860, was nationalised in 1945 and merged with the Banque nationale pour le commerce et l'industrie (BNCI) in 1966 to form Banque Nationale de Paris. The Paribas side began with Louis-Raphaël Bischoffsheim's Amsterdam bank, which became the Nederlandsche Credit- en Deposito Bank in 1863 and merged with the Banque de Paris on 27 January 1872. In 1999 Société Générale bid for Paribas and BNP bid for both; BNP won Paribas but not Société Générale, and the merger was completed in May 2000.

Michel Pébereau

Co-founder 2000

Background

Michel Pébereau (born 1942) studied at École Polytechnique and ENA, served as an inspector of finances and at the French Treasury, and then ran Crédit Commercial de France, which he took through privatisation in 1987.

Role at BNP Paribas SA

Pébereau became chairman and chief executive of BNP in 1993 and steered its privatisation that October. In 1999, after Société Générale bid for Paribas, he launched BNP's competing offers for both banks. BNP failed to win Société Générale but took control of Paribas, and the merged BNP Paribas was completed in May 2000. Pébereau was chairman and CEO of the new group until 2003, when Baudouin Prot became CEO, and stayed on as chairman until 2011. He chaired the board when BNP Paribas completed its takeover of Fortis Bank in May 2009.

Background

Louis-Raphaël Bischoffsheim (1800-1873) was a banker from Mainz who built a family banking network across Amsterdam, Brussels, Paris and London in the mid-19th century.

Role at BNP Paribas SA

Bischoffsheim founded a private bank in Amsterdam in the early 1820s, opened Bischoffsheim, Goldschmidt & Cie in Paris in 1846 and in London in 1860, and in 1863 merged these houses into the Nederlandsche Credit- en Deposito Bank in Amsterdam. On 27 January 1872 that bank combined with the Banque de Paris, founded in 1869 by a group including Adrien Delahante, Edmond Joubert, Henri Cernuschi and Eugène Goüin, to form the Banque de Paris et des Pays-Bas. In its first year the new bank co-led, with Crédit Lyonnais, the syndicate that placed a third of the French government's loan to pay the Franco-Prussian War indemnity. Renamed Paribas in 1982, it became the investment-banking half of BNP Paribas in 2000.

Background

Laurent-Antoine Pagnerre (1805-1854) was a Paris bookseller, publisher and politician active in the 1848 revolution.

Role at BNP Paribas SA

After the 1847 economic crisis and the February Revolution of 1848 froze credit in Paris, the provisional government created discount banks by decree in March 1848. Pagnerre became the first director of the Comptoir national d'escompte de Paris, whose ~$24 million (20 million francs) of capital came in thirds from private subscribers, many of them booksellers and publishers, from the City of Paris and from the State. Hippolyte Biesta succeeded him the same year. The Comptoir became a private company in 1854, opened branches in Shanghai and Calcutta in 1860, and in 1966 merged with BNCI to form Banque Nationale de Paris, the BNP half of BNP Paribas.

BNP Paribas SA: CEO & Leadership History

Full timeline →

Jean-Laurent Bonnafé

Chief Executive Officer

2011 – Present

Bonnafé, a graduate of École Polytechnique and the Corps des mines who joined BNP in 1993, ran BNP Paribas Fortis after the 2009 takeover and became group CEO on 1 December 2011. His tenure covers the 2014 US sanctions settlement, the 2023 sale of Bank of the West, the 2025 purchase of AXA IM and the 2026 Athlon deal. In May 2025 shareholders raised the CEO age limit, allowing him to stay beyond 65.

Baudouin Prot

Chief Executive Officer

2003 – 2011

As CEO, he navigated the bank through the global financial crash without requiring a direct French government bailout, heavily expanding its retail footprint across Italy and Belgium.

Michel Pébereau

Chairman and Chief Executive Officer

2000 – 2003

As the legendary architect of the modern bank, he served as CEO and Chairman for decades, transforming a privatized domestic French bank into a massive global institution.

Keep researching BNP Paribas

Who Founded BNP Paribas? FAQ

Who founded BNP Paribas?

BNP Paribas was created by the 2000 merger led by BNP chairman Michel Pébereau, who won control of Paribas in 1999. Its predecessor banks were founded in 1848 and 1872.

Who founded Paribas?

The Banque de Paris et des Pays-Bas was formed on 27 January 1872 by merging the Banque de Paris, founded in 1869 by bankers including Adrien Delahante, Edmond Joubert, Henri Cernuschi and Eugène Goüin, with Louis-Raphaël Bischoffsheim's Nederlandsche Credit- en Deposito Bank of Amsterdam.

Who founded the Comptoir national d'escompte de Paris?

It was created by decree in March 1848 under finance minister Louis-Antoine Garnier-Pagès. Publisher Laurent-Antoine Pagnerre was its first director, and much of its private capital came from the Paris book trade.

How was BNP created?

In 1966 finance minister Michel Debré merged two state-owned banks, the Comptoir national d'escompte de Paris and the Banque nationale pour le commerce et l'industrie, to form Banque Nationale de Paris.

When were BNP and Paribas privatised?

Paribas, nationalised in 1982, was privatised in January 1987. BNP was privatised in October 1993 under Michel Pébereau.

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