NEW YORK, NY--(Marketwire - December 3, 2010) - BNP Paribas is pleased to announce that John Catizone has joined its Commodity Derivatives group as Managing Director for Institutional and Investor sales in New York. John will report to Guillaume Picot, Global Head of Commodity Investor Derivatives Group (CIDG) and to Marc Fontaine, Head of Commodity Derivatives, Americas.

John will lead coverage and promotion efforts for the bank's growing Commodities based product offering of investor applications, including enhanced commodity indices, alpha based offerings and customized strategies to institutional investors, asset managers and sovereign wealth funds in the Americas. John has over 22 years of experience in commodities, most notably with Merrill Lynch, AIG Financial Products, and more recently with New Stream Capital.

BNP Paribas has positioned itself as one of the pre-eminent providers of commodity-driven solutions for European investors, with a product suite ranging from proprietary enhanced performance indices to tailored solutions addressing individual client's investment objectives.

BNP Paribas' Commodity Derivatives business line now includes 100 front-office professionals in North America and 240 worldwide. London and Singapore are key hubs in servicing the Bank's global client franchise for oil and oil products, base and precious metals, carbon and investor solutions. BNP Paribas is a market leader for Commodity Futures execution and clearing requirements.

Commenting on this strategic hire Fontaine said, "We are delighted that John will spearhead this effort for the Americas to further introduce our growing suite of investor products to this very important sector. John's wealth of experience in commodities from trade finance through investor applications will bolster an already strong commitment from BNP Paribas to continue the global expansion of our investor business."

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

About BNP Paribas

BNP Paribas ( 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:
Edwina Frawley-Gangahar
Media Relations, New York

Megan Stinson
Media Relations, New York
+ 212.841.3809