Insight & Analysis

Press release: BNP Paribas appoints new Head of Transaction Banking Asia Pacific

Published: Jan 2023

19th January 2023 – BNP Paribas today announced the appointment of Philippe Noirot as Head of Transaction Banking, Asia Pacific effective 1 January 2023. Based in Singapore, Noirot reports to Paul Yang, Chief Executive Officer, Asia Pacific. In his new role, Noirot will further drive the momentum of Transaction Banking in the region, as well as broaden and deepen business offerings.

Prior to taking up this role, Noirot was the Head of Territory, Korea. With over 21 years of banking experience, Noirot has spent 11 years in Asia Pacific across diverse roles, including Head of Liquidity and Investment Solutions.

Throughout his seven years in South Korea as Head of Territory, Noirot has strengthened the bank’s business in the country and deepened its client franchise considerably, both locally and abroad, including in Europe and the Americas. He has also steered the ESG transition of the South Korea platform and supported the strong growth of Transaction Banking.

Commenting on the appointment, Yang says: “We are pleased to have such a strong internal talent taking up this key role in Asia Pacific. and leading the bank’s South Korea business placed him in good stead to further build on our Transaction Banking platform, which is a key pillar in our Growth, Technology and Sustainability 2025 plan. I have every confidence in Phillippe’s ability to drive the business to even greater heights in the region and beyond.”

Noirot succeeds Chye Kin Wee, who will be retiring in February. Under Wee’s leadership, the bank’s Transaction Banking business in Asia Pacific region has achieved impressive heights in both revenues and industry recognition.

“I would also like to take this opportunity to thank Chye Kin for his invaluable contribution in the past decades. His committed leadership helped the bank to establish its Transaction Banking franchise as a leader in the region,” Yang adds.

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