BNP Paribas Appoints Drew Gross As Head of FX Sales and Marketing -- North America Lars Andren Appointed to Nordic Sales Desk


LONDON and NEW YORK , March 11, 2004 (PRIMEZONE) -- BNP Paribas (Pink Sheets:BNPQ) is pleased to announce the appointment of Drew Gross to the position of Head of FX Sales and Marketing in North America.

Based In New York, Drew was previously running the Corporate FX Sales teams in North America. He and the FX Sales teams are charged with broadening BNP Paribas' FX client franchise throughout all sectors, and will endeavour to co-ordinate business development initiatives within the Corporate and Investment bank.

Drew will continue to report to Nigel Babbage, Head of Foreign Exchange Trading and Sales in North America and Global Head of Currency Options, as well as to Ligia Torres, Global Head of FX Sales and Marketing.

Lars Andren joins the Nordic Sales desk in London, he will assist in marketing to BNP Paribas' Nordic corporate and financial institutional clients. He will report to Chris Dunne, Head of Nordic FX Sales. Prior to joining BNP Paribas, Lars worked for 6 years at the Swedish National Debt Office in Stockholm where he was responsible for managing the currency overlay programme and trading FX.

BNP PARIBAS

With a presence in more than 85 countries and over 85,000 employees, BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. Headquartered in New York, BNP Paribas in North America offers a broad range of corporate, investment banking and securities brokerage activities. With locations in all the major corporate and financial centers across the United States and Canada, BNP Paribas in North America serves a world-class client base of multinational corporate and mid-cap companies, major issuers and institutional buyers. As a registered NASD broker-dealer and member of SIPC, BNP Paribas Securities Corp. underwrites, trades and markets a vast array of global and domestic fixed income and equity products.



            

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