Report: BNP Paribas Chairman may resign

|About: BNP Paribas ADR (BNPZY)|By:, SA News Editor

Quoting Le Journal du Dimanche, Bloomberg reports that BNP Paribas (OTC:BNPZY) Chairman Baudouin Prot may resign in the next few months to be succeeded by Jean Lemierre, a senior adviser at the French bank.

Prot served as the bank's CEO from 2003 to 2011.

Last month, BNP Paribas went through its largest-ever management shakeup and was fined $8.9B as a result of its U.S. sanction violations.