NEW YORK, NY--(Marketwire - February 23, 2009) - BNP Paribas Corporate and Investment Banking
has named Lionel Crassier Head of Global Equities and Commodity Derivatives
(GECD) for the Americas, based out of New York.
Lionel has been with BNP Paribas for over 15 years and has held senior
positions in Tokyo and Paris where he was Deputy Global Head of Trading and
Structuring before moving to New York where he was appointed Head of EQD
Trading and Structuring. Lionel will be assisted by two deputies: Tom
Mahoney, currently COO of GECD Americas and Aaron Ford, Head of Equity
Sales for the Americas.
According to Yann Gerardin, Global Head of GECD, "BNP Paribas is one of the
world's leading equities and commodity derivatives houses. We are committed
to this business and to the Americas, which is a critical part of our
global platform. We are enthusiastic about the new management structure and
feel that this team positions us well for continued leadership in the new
market regime."
Lionel replaces Todd Steinberg, formerly head of Global Equities and
Commodity Derivatives, who has resigned from the Bank.
About BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment banking division
(http://cib.bnpparibas.com/) has almost 16,000 employees, deployed in 53
countries around the world. BNP Paribas CIB excels 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.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in global banking and
financial services and is one of the 6 strongest banks in the world
according to Standard & Poor's. The group is present in 85 countries, with
more than 171,000 employees, including 131,000 in Europe and 15,000 in the
United States. The group holds key positions in three major segments:
Corporate and Investment Banking, Asset Management & Services and Retail
Banking. Present throughout Europe in all of its business lines, the bank's
two domestic markets in retail banking are France and Italy. BNP Paribas
also has a significant presence in the United States and strong positions
in Asia and the emerging markets.
Contact Information: Press contacts:
Edwina Frawley-Gangahar
Media Relations
New York +212-841-3719
Kerrie McHugh
Media Relations
New York +212-841-3809