BNP Paribas has announced the appointment of Philippe Aroyo as head of country for Malaysia and chief executive officer of BNP Paribas Malaysia Berhad, with effect from Apri 8. Aroyo takes over the role from Krishna Chetti, who will move to take on a new position.
Aroyo brings with him a wealth of managerial experience and market knowledge. Prior to this new appointment, he has been the head of country for BNP Paribas United Arab Emirates (UAE) since 2008 and has been with the Group for 26 years. He first joined BNP Paribas’ head office in Paris as a senior economist. In 1994, he moved on to join Inspection Generale where he was subsequently promoted to inspecteur chef de mission (head of audit teams). Aroyo then held senior positions in India and Senegal before being appointed head of country for Kuwait in 2002.
During his two tenures as head of country in Kuwait and subsequently the UAE, Aroyo also held the esteemed roles of French trade adviser (CCEF) and chairman of the section of the French Trade Advisers for the respective countries. He was awarded the prestigious Chevalier dans l’Ordre National du Merite decoration in 2007 as well. He reports directly to Pierre Veyres, regional head of Southeast Asia and CEO of BNP Paribas Singapore.
Commenting on this key appointment, Veyres said: “BNP Paribas has grown significantly in Malaysia under Krishna Chetti’s leadership in the last 8 years. The Bank obtained a licence in 2011 to open a subsidiary which has grown significantly since, thanks to his dedicated efforts in particular. We are confident that with Philippe’s wide market knowledge and experience, he will be able to steer the growth of the business in Malaysia to new heights.”
