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BNP Paribas CIB appoints Placido head of Financial Institutions Coverage

BNP Paribas CIB appoints Placido head of Financial Institutions Coverage

(12 June 2015 – France) BNP Paribas CIB announced the appointment of José Placido as head of Financial Institutions Coverage (FIC), in addition to his existing role as Global head of Client Development & Strategy for BNP Paribas Securities Services.

He succeeds Henri Foch, who retires at the end of June.

The appointment, which reinforces the bank’s objective to grow and develop its institutional client segments, is effective as of 1 July, 2015.

 Yann Gérardin, Global head of CIB, said: “José will play a key role in continuing to develop close and long-term relationships between BNP Paribas and financial institutions.

“His appointment reflects our ambition to focus on the needs of institutional clients, providing them with a comprehensive range of solutions to grow their business and adapt to changes in the global financial markets.

“This was one of the key reasons for aligning Securities Services within CIB last year and today’s announcement reinforces this strategy,” Gérardin said.

Prior to joining BNP Paribas Securities Services in 2014, José Placido was chief executive of RBC Investor Services and RBC Dexia Investor Services.

In his new extended role, he will report to Patrick Colle, chief executive of BNP Paribas Securities Services, intuitu personae on behalf of Yann Gérardin.

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