BNP Paribas Strengthens Its Client Coverage Capabilities in Asia Pacific - BNP Paribas Asia Pacific
BNP Paribas in Asia Pacific News & Press
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May 9, 2011 -

BNP Paribas Strengthens Its Client Coverage Capabilities in Asia Pacific

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BNP Paribas is pleased to announce a number of senior appointments in its Client Coverage teams as an integral part of its growth strategy for Asia Pacific.

The appointments are: Meighen Robertson as Managing Director and Head of Technology Corporate Client Coverage for Asia Pacific; Hai Hong Xu as Managing Director of Energy and Commodities Corporate Client Coverage for China; and Peter K.D. Chen as Managing Director of Central Banks and Sovereign Wealth Funds Client Coverage for Asia Pacific.

Meighen brings with him over 17 years of experience in the Technology sector, largely in Asia, both as an investment banker and client coverage banker. Meighen will be based in Hong Kong and he will report to Paul Yang, Head for Hong Kong, while leveraging his regional and global knowledge of the sector in close liaison with the BNP PARIBAS’ Technology Client Coverage Team in the United States.

Hai Hong, based in Beijing, will cover China’s Energy and Commodities State Owned Enterprises. He is a seasoned banker, having spent years in various positions at Sinopec as well as with major international banks. Hai Hong will report to Clarence T’ao, Chief Executive Officer of BNP Paribas China Ltd and Francois Cristofari, Country Head for China.

Peter has over 25 years in banking with several major banks, in Singapore, Taiwan and Hong Kong, with a background in foreign exchange and derivatives as well as investment banking. He will focus on serving the global needs of Asian central banks, sovereign wealth funds and supranationals, by ensuring their access to the worldwide capabilities of all BNP PARIBAS activities. Peter, based in Hong Kong, reports also to Paul Yang.

Commenting on those three key appointments, Eric Raynaud, Chief Executive Officer for BNP Paribas Asia Pacific, said, “Developing a coordinated client sector approach for the Client Coverage team here in Asia Pacific is a key to helping us achieve our growth ambitions for this region. The creation of a dedicated Technology Client Coverage Team in Asia Pacific led by Meighen will enable us to provide global and regional knowledge of the sector to our clients here, in light of the velocity at which technology companies grow in this region.”

“Meanwhile, with Hai Hong on our China team, we will be able to fully leverage on our capabilities in our Energy and Commodities sector at a time when demand for our solution driven services in Asia continues to grow exponentially. We are also very pleased to have someone of Peter’s caliber to join our bank. His regional experience will further enhance our strategic engagement with our institutional clients,” said Eric Raynaud.

“All these new hires complement BNP PARIBAS’ existing capacities and underscore our belief that Asia Pacific is a vital and growing marketplace, and we are committed to make every effort to support that growth with the right talent,” added Mr Raynaud.

About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the strongest banks in the world*. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.

* Rated AA by Standard & Poor’s i.e. 3rd rating level on a scale of 22.

Press Contacts

Lilian Kung +852 2909 8849 lilian.kung@asia.bnpparibas.com
Christine Chan +852 2909 8847 christine.chan@asia.bnpparibas.com
Brenda Woo +852 2909 8813 brenda.woo@asia.bnpparibas.com