La banque d'un monde qui change 2004 - BNP Paribas

HUMAN RESOURCESDEVELOPMENT100sustainable development101Workforce expansion in linewith the group’s development (1)•As of 31 December 2004, the Group manageda total of 99,433 full time equivalent employees(FTEs), representing an increase of 5,925compared with 2003. Changes in the Group’sstructure accounted for the bulk of the risein the number of employees.The Group’s workforce breaks down as follows:• by geographical areaAfrica 5.6%Asia 4.6%Oceania 0.4%Europe 20.2%Middle East 0.7%North America 11.9%South America 1.9%• France 54.7%• by businessIRFS 35%FRB 31%AMS 15%• CIB 13%• Functionsand Other Activities 6%2003 2004IRFS 31,943 34,668FRB 30,494 31,128AMS 12,543 14,748CIB 12,666 12,575Functionsand Other Activities 5,862 6,314The number of staff working in Corporateand Investment Banking remained stable.The overall increase in staff numbers was drivenby growth in other businesses.2003 2004France 53,111 54,363Europe 18,148 20,083North America 9,713 11,874Africa 5,418 5,526Asia 4,403 4,534South America 1,715 1,923Middle East 665 742Oceania 335 388The overall portion of the workforce managedoutside France is growing at a steady pace:2002 . . . . . . . . 40%2003 . . . . . . . . . 41%2004 . . . . . . . . 45%Asset Management and Services expandedsignificantly outside France, especially inthe insurance and real estate sectors withthe acquisition of Atis Real (+ 1,493 people).The increase in staff working in InternationalRetail Banking and Financial Services primarilyreflected sustained growth in Cetelem’sinternational operations and BancWest inthe United States, following the acquisitionof Community First Bankshares and UnionSafe Deposit Bank (+ 1,950 people).The rise in employee numbers in French RetailBanking was due to the strengtheningof the division’s sales forces.(1) For human resources growth data, this analysis takes into account all FTE staff managed by BNP Paribas as opposedto the consolidated workforce, which is limited to staff working for fully or proportionally consolidated entities calculatedpro rata to the percentage consolidation of the subsidiaries concerned:Full-time equivalents 2002 2003 2004Consolidated workforce 87,685 89,071 94,892Managed workforce 92,488 93,508 99,433