Banking group BNP Paribas has appointed Guillaume Amblard as the bank's new global head of fixed income trading and quantitative research.
This appointment is claimed to be part of a strategic plan to strengthen the business’ global trading platform and to continue to expand its client franchise across all markets.
Mr Amblard will report to Frederic Janbon, the bank’s global head of fixed income. He has worked since 1990 at BNP Paribas and was most recently global head of interest rate & foreign exchange trading. In addition to his current role, he will take on additional responsibility for the structured credit, credit arbitrage and flow credit trading teams, as well as BNP Paribas’ quantitative research group.
Mr Amblard appointment comes as BNP Paribas fixed income looks to enhance the effectiveness of its global trading platform. This will allow the bank to leverage its best risk management methods and tools across the teams and to create an environment for more consistent front office IT development. More broadly, the bank aims to exploit its strong quantitative traditions and reputation in derivatives and hybrids, to expand both its client franchise and market share.
Mr Janbon said: Over the past few years, Guillaume has built a world class trading platform for interest rate and FX products, achieving very impressive results during 2007, not only in terms of revenues and client franchise, but also in product innovation and risk management.