Hong Kong :  BNP Paribas Investment Partners (BNPP IP) is pleased to announce two appointments which further strengthen its business in the Asia Pacific (‘APAC’) and Emerging Markets region, where it has strong ambitions. Ligia Torres has been appointed to a new role overseeing APAC and all new markets, as Head of APAC and Emerging Markets for BNPP IP and Vincent Camerlynck has been appointed CEO for APAC.

Ligia joins from BNP Paribas Wealth Management where she was head of the UK operation, and chairman of BNPP IP UK. She brings with her some 30 years of international experience in financial markets. Based in London, Ligia reports to BNPP IP’s CEO Philippe Marchessaux.

Commenting on her appointment Ligia said “We have an unsurpassed APAC footprint and are one of just a few asset managers with a local presence in the Emerging Markets. We combine global expertise and innovation with local knowledge and strength for both our local and global clients”.

Vincent has been based in Hong Kong since 2012, and was previously BNPP IP’s deputy CEO, APAC; in his new role he will report to Ligia.

Prior to his relocation to Hong Kong, he was based in London and was responsible for Institutional Sales globally. Speaking about his appointment Vincent said “BNPP IP has reinforced its presence in the region and will continue to deliver global innovation through local strength”.

In addition, BNPP IP is keen to announce that it has been crowned “Best Fund Manager Asia” in the inaugural Wealth Briefing Asia Awards 2013.

Commenting on both the appointments and the latest award, BNPP IP CEO Philippe Marchessaux said “The success enjoyed by BNPP IP in Asia to date – as in other Local Markets – is a direct result of the teamwork of our sizeable workforce on the ground. I am sure that Ligia and Vincent will accelerate our success here. The accolade of “Best Fund Manager Asia” is yet another milestone in our drive to be seen as one of the pre-eminent players in the competitive APAC space and moves us one step closer to our goal of being recognised as one of the leading asset managers in the industry”.

BNPP IP’s presence in APAC and Emerging covers 19 countries and includes local investment management capabilities in the following locations: Argentina, Australia, Brazil, Chile, China, India, Indonesia, Japan, Hong Kong, Korea, Malaysia, Russia, Singapore, Taiwan and Turkey. The APAC and Emerging division manages some EUR 60 billion of assets (as of end June 2013) and with nearly 1,000 full-time employees including over 280 seasoned investment professionals, BNPP IP is well-positioned to serve the needs of its clients on the ground.

Source : Lokesh Shastri