BNP Paribas is pleased to announce the appointment on Namuk Cho as Managing Director and head of Flow, Hybrids and Exotics trading for the Americas. Based in New York, Namuk will report to Lionel Crassier, head of equities and derivatives trading and structuring for the Americas, and to Laurent Marquis globally.
Namuk joins the bank from Diamond Lake Investment Group. Prior to that, he spent 3 years as the Head of US Derivatives Trading at UBS where he was in charge of US franchise and prop derivatives trading. He started his career at O’Connor & Associates, after graduating from Massachusetts Institute of Technology, and stayed with the firm for 13 years through various mergers and acquisitions, bringing it to modern day UBS.
Commenting on the appointments, Lionel Crassier said, “Namuk brings a wealth of experience in the US Derivatives market. His background and expertise will compliment our strategy of continued expansion and success in the Americas.”
BNP Paribas was named ‘Equity Derivatives House of the Year - 2007’, ‘Structured Products House of the Year - 2008’ by Risk magazine. ‘North American Structured Products House of the Year’ by Structured Products Magazine and ‘Best Equity Derivatives house in North America’ by Global Finance magazine for 2007.
About Corporate and Investment Banking at BNP Paribas:
BNP Paribas Corporate and Investment banking division (CIB) has 15,000 employees, deployed in over 52 countries around the world. It operates in advisory and capital markets (Corporate Finance, Equities, Fixed Income) as well as in financing businesses (Energy, Commodities, Export and Project Finance and Structured Finance). CIB excels in three fundamental sectors in particular: Derivatives - it is one of the leading global players in rates, credit, forex, commodity and equity derivatives Capital markets - it is amongst the top ten Euro houses for both ECM and DCM (bond issues, securitization, convertibles and shares). Structured finance - it is amongst the world leaders for acquisition, export, project and commodity finance. For further information please visit our website at http://cib.bnpparibas.com/
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in global banking and financial services and is one of the 4 strongest banks in the world according to Standard & Poor’s. The group is present in over 85 countries, with 161,000 employees, including 125,000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank’s two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.
Contacts:
Edwina Frawley-Gangahar, Media Relations, New York,
212-841-3719
Kerrie
McHugh, Media Relations, New York, 212-841-3809
