|By Marketwired .||
|September 16, 2013 02:00 PM EDT||
NEW YORK, NY -- (Marketwired) -- 09/16/13 -- BNP Paribas Corporate and Investment Banking has made important appointments in its Equity Derivatives Business in New York as part of its continued focus on the business in the Americas.
Tobi Molko joins as Managing Director on the Equity Derivatives Institutional sales team and will report to Daniel Goggin, Head of Equity Derivatives Institutional Sales. Alexandra Pavillet joins as Director on the Equity Derivatives Pension Fund Sales team and will report to Christophe Pochart, Managing Director, Head of Equity Derivatives Pension Fund Sales. In addition, Antoine Lours has rejoined the Americas platform as Managing Director, Head of Americas Index Trading, and will report to Nick Cohen, Managing Director, Head of Americas Volatility Trading.
Tobi Molko joins BNP Paribas with 17 years of experience in the industry, the last 12 have been spent covering Institutional Equity Derivatives clients. Prior to joining BNP Paribas, Tobi most recently spent six years with Bank of America Merrill Lynch in New York, as part of the bank's Equity Derivatives sales force, also covering a range of institutional clients.
"Tobi's experience as a senior equity derivatives marketer and excellent industry contacts will enable her to play a pivotal role in the continued growth of the platform at BNP Paribas," commented Chris Innes, Head of Equities, Americas, for BNP Paribas. "Her hire enables us to further develop key firm relationships as we look to cement our position as leaders in providing equity derivatives products to North American institutional investors(1)."
Alexandra Pavillet joins BNP Paribas having spent the last 10 years at Credit Suisse where she was part of the bank's Equity Derivatives sales force, focusing on Real money accounts covering Canadian and US pension funds and endowments, as well as asset managers. She is an integral part of marketing BNP Paribas' growing equity derivatives offer to Pension funds across both the U.S. and Canada.
"BNP Paribas is very committed to the pension-fund space. We look forward to being able to draw on Alexandra's experience in this space to further enhance our premier set-up for Pension Fund customers investing in equity derivatives(2)," Innes added.
Antoine Lours rejoins BNP Paribas' Americas platform as Head of Americas Index trading having spent the last 13 years with the bank. Antoine joined the BNP Paribas in Paris in 2000 as a derivatives trader on single stocks, then later on indices covering European markets. Between 2004 and 2010 he worked in the New York office where he headed up the exotic then later the flow part of the index options trading business. Most recently Antoine has been in charge of the global index option business for the bank, and was based in London.
"We are pleased to welcome back Antoine to the Americas, where he has an outstanding reputation as a senior trader thanks to his six year tenor in the US. Antoine's return to the Americas platform is testament to our strategic growth plan and focusing on an even more experienced trading desk(3) to facilitate the growth of our client franchise," Innes said.
Innes further stated that these hires demonstrate our commitment to the continued focus and growth of the Americas Equity Derivatives platform as a premier client franchise.
About BNP Paribas:
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.
Brokerage services and/or securities products are offered through BNP Paribas Securities Corp., an affiliate of BNP Paribas, a U.S. registered broker-dealer and a member of SIPC, FINRA, the NYSE and other principal exchanges, whose primary office is at 787 Seventh Avenue, New York, NY 10019.
(1) BNP Paribas ranked #1 Structured OTC Equity/Securitized Products in 2013 Greenwich Survey on North American Equity Derivatives
(2) BNP Paribas ranked #1 for Pensions coverage for Options and Volatility Products in 2013 Greenwich Survey on North American Equity Derivatives
(3) BNP Paribas ranked #1 for Variance/Vol. Swaps on Index/Single Stock and most competitive pricing for Index Swaps in 2013 Greenwich Survey on North American Equity Derivatives