NEW YORK, NY--(Marketwire - August 17, 2010) - BNP Paribas Corporate and Investment Banking is pleased to announce the appointments of Edward Speal as Head of Global Equities and Commodity Derivatives (GECD) - Americas, Lionel Crassier as Head of Equities - Americas and Dan Cozine as Head of Structured Finance - Americas. Chris Innes has joined the Bank as Head of Equity Flow and Financing Sales also for the Americas.
Edward Speal has been with BNP Paribas for over twenty years. He is currently head of the Structured Finance business which includes export, project, energy and commodity finance. Prior to this role which he assumed in 2008, he spent three years as head of Territory in Canada. Edward's extensive experience also includes the position of Head of Commodity Derivatives. He reports locally to Everett Schenk, Head of Territory, North America and globally to Yann Gerardin, Global Head of Equities and Commodity Derivatives.
Lionel Crassier has been with BNP Paribas for over 15 years and has held senior positions in Tokyo and Paris before moving to New York as Head of Equity Derivatives Trading and Structuring in 2007. Lionel has been running the GECD platform in the Americas since 2009. In his new role as head of Equities and Deputy Head of GECD in the Americas, Lionel will in particular focus on aligning our Equity Derivatives organization with our global strategy and implementing our development plans. Both Edward and Lionel will represent the Americas on the GECD Executive Committee.
Chris Innes has joined as Head of Equity Flow and Financing Sales, Americas, including Cash Equity. Chris joins the bank with very impressive equity market credentials having among other things, run the Bank of America EQD and Finance platform as well as his own hedge fund and equity brokerage firm. He reports to Lionel Crassier.
"These appointments add further breadth and depth to the GECD Americas senior management team. As the Capital Markets evolve, our platform is working to take advantage of the opportunities presented to our business as well as adapting to the changing regulatory environment. Our goal is to continue providing the best service to our clients and building our client franchise, including becoming a top 5 player in Prime Brokerage globally," said Yann Gerardin.
Dan Cozine returns to New York to run the Structured Finance business after spending two years in London as Head of Loan Syndications and Trading for EMEA. Prior to that, he held positions as Co-Head of Energy and Commodities Structured Debt and Head of Project Finance in the Americas. He reports locally to Everett Schenk and globally to Dominique Remy, Global Head of Structured Finance. Commenting, Dominique Remy said, "Dan is a great professional with many years of structured finance experience and I am confident he will continue the stellar job Edward has done with the Structured Finance business."
Everett Schenk added, "A major goal of the BNP Paribas group is to continue growing our Investment Banking operation in the US. We have taken advantage of the tremendous opportunities that have been presented to us over the past two years and have expanded by product as well as by adding several senior level people. We will continue to invest in the platform and explore further opportunities for expansion."
BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs over 20,000 people in over 50 countries and services 13,000 corporate and institutional clients worldwide.
BNP Paribas CIB excels in:
Derivatives -- where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets -- where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance -- where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally
www.cib.bnpparibas.com
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and about 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
*Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22.
Contact Information:
Press contacts :
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Media Relations, New York
+212.841.3719
Megan Stinson
Media Relations, New York
+ 212.841.3809