BNP Paribas promotes Cristofari to China chairman

BNP Paribas has promoted Francois Cristofari to chairman of the group’s China business, in recognition of his contribution to the bank’s achievements in the country. Before this appointment, Cristofari was the chief executive officer of BNP Paribas (China) as well as country head for the BNP Paribas Group in China. He will retain the latter position, while Clarence Tao, former regional co-head of structured finance at the firm, will take over as China CEO. “China is one of our priorit…