BNP Paribas appointed Giovanni Pini as head of ABS strategy and Olivier Morand-Duval as European head of ABS trading. Perry Inglis also joined as head of ABS valuation and origination.
Before BNP, Pini was part of the ABS research team at Eureopean Credit Management since February 2004. He also spent time at Fortress Capital Finance and Deutsche Bank. Before that, Pini spent six years analyzing both U.S. and European ABS deals at Moody's Investors Service and Fitch Ratings in New York.
Morand-Duval previously worked at independent financial services firm ICP Capital and spent seven years at Calyon as head of ABS trading. He also spent time at Societe Generale in Paris.
Both Pini and Morand-Duval are based in London and report to Peter Nowell and Pierre Lepinoy, co-heads of ABS trading and portfolio management.
Inglis previously worked at AgFe, where he was in charge of originating advisory mandates on structured finance asset portfolios. Before that, he was head of European structured credit at
ACA Capital Management.
He also spent many years at Standard and Poor’s as head of the European RMBS, ABS, ABCP, CDO and credit derivative businesses. Inglis is known for helping in developing ratings for CDOs based on credit-default swaps.
Before S&P, Inglis worked at Deutsche Bank structuring a number of infrastructure and RMBS deals. He was also formerly at Macquarie Bank in Sydney in the firm's real estate division.
Inglis is based in London and reports to Duc Dam Hieu, head of quantitative structuring and ABS valuation, who continues to report to Georges Duponcheele, head of ASG – structured credit solutions.