BNP Paribas replaces chief operating officer in Moscow

By Andrei Skvarsky.

French bank BNP Paribas has appointed Palle Larsen as chief operating officer at its Russian subsidiary, having moved him over from a similar job in Paris.

In his Moscow-based position Larsen, who is Danish, replaces Kieran MacMahon, who has been transferred to the French lender’s representative office in Turkey, according to Russian business daily Vedomosti.

BNP Paribas has, furthermore, hired Sergei Matveyev, formerly a consultant at Credit Suisse and a senior executive at Dutch bank ING, as head of the Russian subsidiary’s taxation department.

Matveyev has worked as an independent consultant on taxation since 2009.

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