BNP Paribas Cardif, the insurance arm of BNP Paribas for protection and savings businesses, is pleased to announce the nomination of Vincent Sussfeld as Chief Executive Officer for the Asian region, with immediate effect. Based in Hong Kong, he succeeds Xavier Guilmineau who will take up new responsibilities within BNP Paribas Group.
Prior to the latest appointment, Vincent was Deputy Head of BNP Paribas Cardif in Asia since early 2015 based in Hong Kong. Vincent has over 15 years’ experience covering a vast scope of areas in the insurance business and has held different senior management positions, including Deputy CEO of SBI Life, the joint venture between BNP Paribas Cardif and State Bank of India, Head of Sales for International Markets and Head of Public Affairs for BNP Paribas Cardif, which he joined in 2007.
Vincent is also appointed as a member of BNP Paribas Cardif Executive Committee. He reports to Jean-Bertrand Laroche, Chief Operating Officer, who is responsible for the international markets of BNP Paribas Cardif, based in Paris.
Jean-Bertrand Laroche said: “Asia is a key region with different countries enjoying diverse cultural backgrounds and great potentials. Vincent has developed his expertise in a number of senior positions including development and operations that would be crucial to help succeed in achieving our ambition in the region.”
Eric Raynaud, CEO of BNP Paribas Asia Pacific, said: “The insurance business is an important part of BNP Paribas’ Asia Pacific Business Development Plan. Under Xavier’s leadership, BNP Paribas Cardif has accomplished good achievements in expanding and enhancing its bancassurance products and services in the region. I am confident that Vincent will further strengthen BNP Paribas Cardif’s offering with its strategic partners, and bring the business to a new step of its development.”