US - BNP Paribas Asset Management has appointed Pierre Lapomme as CEO of its US business as part of its drive to increase its presence in the US markets.
Lapomme, who joined in the beginning of April 2005, will manage the BNP PAM teams in the USA and to accelerate the development initiatives of the company, the company said in a statement.
Based in New York, he will report directly to Gilles Glicenstein, CEO of BNP PAM.
Currently BNP Paribas AM is present in New York with a business development team and with its subsidiary FFTW, specialised in international bonds management and in Philadelphia with its subsidiary CooperNeff Advisors, specialised in quantitative strategies.
Glicenstein said: “BNP Paribas Asset Management has real ambitions in the United States and Pierre Lapomme’s experience is an additional asset to our development in this market. The American market offers numerous growth opportunities both in production and distribution.”
Previously, Lapomme had managed the equity capital market department at Crédit Lyonnais then at Calyon in Paris since January 2001. Prior to that he was in charge of the US equity department at Crédit Lyonnais Americas in New York.
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