BNP Paribas announced several senior appointments within its fixed-income division as part of a strategic plan to build out its emerging markets and U.S. dollar capabilities.
Henri Foch, currently head of fixed income, Asia Pacific, has been promoted to global deputy head of fixed income. He will be based in London, reporting to Frederic Janbon, global head of fixed income.
Bob Hawley, currently head of fixed income in the Americas, will move to Hong Kong to become head of fixed income, Asia Pacific reporting to Janbon and to Eric Raynaud, CEO, CIB Asia Pacific.
Hawley is a long-standing member of the executive team, including a period as head of fixed income, Japan and has been closely involved in the Asian development plan across BNP's institutional and corporate client franchises.
Christian Mundigo and Kip Testwuide have also been promoted to co-heads of fixed income, Americas from their current roles as co-head of credit trading and head of fixed-income trading, Americas and head of fixed-income distribution and origination, Americas respectively.
The duo report to Janbon and Everett Schenk, head of BNP Paribas CIB, North America.
David Brunner, currently global deputy head of fixed income, will relocate to New York after the summer to take up a senior position with broader responsibility within CIB as a whole.