is pleased to announce the following changes to its European debt syndicate group, as part of a broad plan within Fixed Income to strengthen its debt capital markets franchise and focus resources to key strategic areas.
With effect from 1st March, Robert Whichello, co-Head of European Syndicate, will have new responsibility for emerging markets, a core area of growth for the bank, as Luc Cardyn, previously in charge of emerging markets, leaves to take a senior position for BNP Paribas in Asia. Robert and Fred Zorzi will continue to run jointly the European Syndicate desk, including emerging markets and EMTNs, as well as to manage BNP Paribas
' historically strong issuer relationships.
In an effort to also strengthen further our frequent borrower business, Frair Appleby-Walker, previously responsible for Sterling issuance will now focus on multi-currency SAS business but will remain the bank's Sterling issuance sponsor. Sterling execution will be split between Frair, Rupert Lewis for investment grade corporate bonds and Hans Lentz for all international financial bonds.
Commenting on these changes, Martin Egan, Global Head of Primary Markets at BNP Paribas
said: “The ongoing turbulence in the market has reinforced the importance of providing best execution. Our strong syndicate professionals have the expertise and experience to manage these conditions, as well as to help propel the bank forward as a leading DCM house.”About Corporate and Investment Banking at BNP Paribas
BNP Paribas Corporate and Investment banking division (CIB) has 15,000 employees, deployed in over 52 countries around the world. It operates in advisory and capital markets (Corporate Finance, Equities, Fixed Income) as well as in financing businesses (Energy, Commodities, Export and Project Finance and Structured Finance). CIB excells in three fundamental sectors in particular:
Derivatives - it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets - it is amongst the top ten Euro houses for both ECM and DCM (bond issues, securitization, convertibles and shares).
Structured finance - it is amongst the world leaders for acquisition, export, project and commodity finance. For further information please visit our website at http://cib.bnpparibas.com/
Celeste Matta-Brown, Corporate Communications, London
+44 20 7595 4653
Ilias Catsaros, Corpoprate Communications, London
+44 20 7595 2215
Hélène Delannoy, Corporate Communications, Paris
+ 33 1 40 14 65 14