Determine if the sentence is true based on the text below:
The Chairman of BNP was born in Paris.

Michel Pébereau (born 23 January 1942 in Paris) is a French businessman. He is the current Chairman of Banque Nationale de Paris (BNP) and its former CEO. He graduated from the École Polytechnique in 1965 and the École nationale d'administration in 1967.
Yes