Banken for en verden i endring The bank for a ... - BNP Paribas

media.cms.bnpparibas.com

Banken for en verden i endring The bank for a ... - BNP Paribas

• human resources development

The people of BNP Paribas

Workforce expansion in line

with the Group’s development (1)

Group staff expanded to 141,911 full-time

equivalent employees (FTEs) at 31 December

2006, up 32,131 on 2005. The increase was a

reflection of development across all businesses,

but was primarily due to external growth, particularly

in the Retail Banking Business outside

France.

The purchase of BNL in Italy and UkrSibbank

in Ukraine accounted for respectively 16,820

and 8,851 extra employees. At constant scope,

organic growth gave rise to 5,934 FTEs, primarily

in International Retail Banking and Financial

Services, Asset Management and Services,

and Corporate and Investment Banking.

Workforce by geographical area

Africa 4.4%

North America 10.4%

South America 2.1%

Asia 3.9%

Europe 37.7%

France 40.2%

Middle East 0.9%

Oceania 0.4%

With the exception of entities undergoing

restructuring, such as Bank of the West and

BNL, the majority of territories worldwide created

net new jobs in 2006. The Mediterranean

zone was particularly buoyant, especially Turkey,

Egypt, Tunisia, Algeria, Morocco and Spain. Net

increases also occurred in France, Germany,

the United Kingdom, India and Brazil.

The Group’s workforce breaks down as follows:

• by geographical area;

• by business.

2004 2005 2006

France 54,363 55,499 57,123

Europe (excl. France) 20,083 25,205 53,461*

North America 11,874 14,979 14,810

Africa 5,526 5,661 6,201

Asia 4,534 4,785 5,571

South America 1,923 2,363 2,924

Middle East 742 868 1,308

Pacific 388 420 513

Total 99,433 109,780 141,911

* of which Italy 20,307.

(1) For human resources growth data, this analysis takes into account all FTE staff managed by BNP Paribas as opposed to

the consolidated workforce, which is limited to staff working for fully or proportionally consolidated entities calculated pro

rata to the percentage consolidation of the subsidiaries concerned:

FTEs 2002 2003 2004 2005 2006

Consolidated workforce 87,685 89,071 94,892 101,917 132,507

Staff managed by BNP Paribas 92,488 93,508 99,433 109,780 141,911

Workforce by business

IRFS 38.6%

FRB 22%

AMS 13%

CIB 10.1%

BNL 11.7%

Functions and other activities 4%

Klépierre 0.7%

64 BNP PARIBAS AND ITS STAKEHOLDERS

More magazines by this user
Similar magazines