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October 11, 2007

BNP Paribas Announce New Appointments

by Stewart Douglas

Story link: BNP Paribas Announce New Appointments

French investment bank BNP Paribas has today announced the fruits of a significant recruitment drive which has seen the appointment of six new staff at senior level to its financial and equity businesses based in London.

The move has completed a long term commitment to staff overhaul, as BNP Paribas looks to establish itself as a leading financial institution, particularly within investment and equity sectors.

The Debt Capital Markets division benefited from the drive with three senior management officials snatched from competing financial institutions to take up post as BNP Paribas pushes to expand further through Europe to cement its market share.

Kai Harden of Goldman Sachs will join as the joint-boss of Germany, Switzerland and Austria within the division, having a background in European finance and hybrid capital in particular.

Franck Viort of the Royal Bank of Scotland has been brought in in charge of the Benelux region, alongside Ric Englebert who will also play a role within the same department for France, coming from Fortis Bank.

The new head of index flow has been announced as Silvan Herringer, formerly of Octa Capital along with Lloyd Michaels of UBS and Andrew Ellis of Bank of America who have been appointed as investment bankers within that respective division.  These three will integrate within the equity derivatives operation based in the London office.

BNP Paribas has today said it is delighted to have appointed staff of such high calibre, citing their combined wealth of European experience at the top level as a major attribute to bring to the table.

BNP Paribas is currently ranked eighth in the league rankings of its fellow institutions, a position it will seek to actively improve upon over the coming months as it gathers momentum from recovering investment markets.

 

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