BNP Paribas Corporate & Investment Banking has reorganized its senior management within its fixed income business, as the bank looks to consolidate its position in this segment.

Th company has appointed Arne Groes as global head of distribution, responsible for all sales to financial institutions and investors. Martin Egan is appointed global head of primary markets and origination, which includes global responsibility for debt syndicate, securitisation and capital markets’ origination activities. David Brunner is appointed deputy head of fixed income.

Mr Groes, Mr Egan and Mr Brunner are based in London and will report directly to Frederic Janbon, global head of fixed income.

Mr Groes joined BNP Paribas in 2008 as global head of flow credit trading. He previously spent 10 years at ABN Amro, where he gained experience across interest rates, foreign exchange, credit and emerging markets as global head of financial markets trading. Prior to that, he also worked at UBS, Credit Suisse First Boston and SE Banken.

Mr Egan joined BNP Paribas in 2001 as global head of debt syndicate, with responsibility for global debt capital markets and was later promoted to global head of primary markets and securitisation. He previously spent seven years with Credit Suisse First Boston, where he worked as a director and syndicate manager. Prior to that, he spent eight years at UBS.

Mr Groes and Mr Egan will share the management of corporate sales and marketing, as well as of the structuring and advisory teams.

Mr Brunner previously worked at BNP Paribas in a number of senior positions in Europe and the US over the past two decades. Most recently, he was global head of origination and distribution for fixed income and was previously head of fixed income in New York.

In fixed income trading, Christian Mundigo and Benjamin Jacquard are appointed global heads of credit trading, assuming together responsibility for all global credit activities, structured and flow, as well as fixed income arbitrage.

Mr Mundigo joined BNP Paribas in 1991 and has worked in number of senior trading roles, most recently as head of fixed income trading in the Americas and global co-head of the Interest Rate Group (IRG) with Pierre Renom. In addition to his new role, Mr Mundigo will continue his responsibilities as head of fixed income trading for Americas.

Mr Jacquard joined BNP Paribas in 2008 as global head of structured credit and arbitrage trading. He was previously in charge of the structured credit business at Calyon and also built or managed exotic credit trading and structuring teams at Bank of America, Credit Agricole and CPR.

Pierre Renom has been appointed as global head of interest rates trading. He has worked at BNP Paribas for over two decades, most recently as global co-head of IRG. Prior to that, he was global head of short-term interest rates trading.

Eric Auld and Hubert de Lambilly will continue in their responsibilities for global foreign exchange.

Mr Janbon said: “We have achieved significant growth in fixed income in recent years and made great strides in the development of our global client franchise, further enhanced by the integration of BNP Paribas Fortis teams. We plan to continue the growth of our client business with a particular focus on investment managers worldwide. Our growth objectives will include development of our US, Asia and emerging markets product platforms. These appointments will help drive these ambitions forward.”