BNP Paribas Corporate & Investment Banking (BNP Paribas CIB) has reorganized its Global Equities and Commodity Derivatives (GECD) business as part of its strategy to become a key player in the equities and commodity derivatives industry.
GECD Regions were given more autonomy in line with BNP Paribas CIB’s regionalization.
Edward Speal will head the Americas Region and Pierre Rousseau will head the Asia Pacific Region.
Yann Gerardin, global head of GECD and Olivier Osty, his deputy, will manage the European Region.
The activity will be organized within four newly formed business lines: Commodity Derivatives managed by Amine Bel Hadj Soulami, Market Liquidity Provider headed by Olivier Osty, Structured Equity managed by Nicolas Marque, newly appointed and flow and financing under Emmanuel Heurtier, again newly appointed.
The new roles were created to improve the sharing of know-how whilst maintaining the standards in terms of risk management and business ethics
Jacques Vigner has been appointed as global chief operating officer of Strategy & Risk, Valerie Rabault as head of Market Prospective & Business Risk and Constance Chalchat as head of Communication & People Development.
In addition, a new entity dedicated to emerging markets has been created to address specific regional and local needs.
The GECD executive committee was enlarged to accommodate the newly appointed members in addition to Gerardin, Osty, Amine Bel Hadj Soulami, Pierre Rousseau, Lionel Crassier, Eric Le Brusq and Jacques Vigner: Edward Speal, Emmanuel Heurtier, Nicolas Marque, Valérie Rabault and Constance Chalchat.
Gerardin said that this reorganization reaffirms GECD’s strong commitment to clients in all regions combined with the strong risk management and ethical approach to business.