New Business Organisation slide image

New Business Organisation

BNP PARIBAS Main Cost Efficiency Projects & Initiatives (1/2) Organisation redesign HR synergies Integrating investment banking activities under CIB core business • Integrating major affiliates and foreign branches into BNP Paribas' operating structure • Rationalising headquarter functions and reviewing reporting structure to allow local management to be more business-focused • Reviewing and simplifying branch. network organisation Trade union negotiations finalised for BNL SPA HR plan shared and agreed in details. with trade unions • Contained repercussions on staff as shared objective with trade unions • Redundancies on a voluntary base with contribution by BNL utilising "Fondo ABI❞ ● Training programme for staff involved in functional mobility Creation of HR co-ordination units within the 5 regions BNL Grupp BNP PARIBAS Financial Elements Improved flexibility and efficiency 42
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