Frédéric Janbon appointed Head BNP Paribas Investment Partners

Janbon has over 25 years of experience in financial markets. He was appointed BNP Paribas’s Global Head of Fixed Income in 2005 and now replaces Philippe Marchessaux who is moving on to take responsibility for another BNP Paribas project.

Marchessaux previously commandeered the integration of ABN Amro AM, Fortis AM and BNP Paribas Investment Partners to build a global-scale asset management business. This involved restructuring the business, developing the international institutional franchise, and reinforcing the activities in the Emerging Markets countries, and consolidating partnerships with the Group’s retail networks.

Janbon’s responsibilities will include promoting the development of BNP Paribas Investment Partners as a benchmark player in institutional asset management and client service.

BNP Paribas CEO Jean-Laurent Bonnafé said: “BNP Paribas Investment Partners is a key business for the BNP Paribas Group, both in terms of serving our institutional clientele and providing savings & investment solutions to individual retail customers. This business is very much a part of our growth strategy, which focuses on developing businesses where we are able to achieve high performance in order to offer our clients the best products and services.”

Jacques d’Estais, BNP Paribas Group Deputy Chief Operating Officer and Head of International Financial Services, said: “I would like to express my sincere thanks to Philippe for his contribution to the growth of BNP Paribas Investment Partners over these past six years, particularly the international institutional business line. I have every confidence in Frédéric’s ability to reinforce our range of investment solutions for institutional clients, distributors and individual customers in what is a highly strategic business for the BNP Paribas Group.”