BNP Paribas today announces the following appointments in its Wealth Management division:
- For Asia Pacific, Pierre Vrielinck is appointed Chief Executive Officer and Mignonne Cheng, currently Chairman and Chief Executive Officer, continues as Chairman;
- For Switzerland and Emerging Markets, Hubert Musseau is appointed Chief Executive Officer;
- For Luxembourg & International Europe Markets, François Dacquin is appointed Chief Executive Officer.
These appointments will be effective April 5, 2017, subject to regulatory approvals.
Commenting on these moves, Vincent Lecomte, Co-CEO of BNP Paribas Wealth Management, stated, “With these appointments, BNP Paribas Wealth Management is demonstrating its firm commitment to the continued development of our wealth management business across the world thanks to these highly experienced individuals who collectively bring their unparalleled expertise to the service of our clients.”
A seasoned banker, Mignonne Cheng has over 35 years of experience in the financial sector with over 26 years at BNP Paribas in senior management positions covering a vast scope of areas, including corporate and commercial banking as well as investment banking and wealth management. In 2010, she was appointed Chairman and CEO of BNP Paribas Wealth Management for Asia Pacific and has successfully led the growth of the Wealth Management business in Asia Pacific, doubling assets under management.
Pierre Vrielinck joined BNP Paribas in 1998 and held various management positions in Asset Management and Securities Services before being named COO of BNP Paribas Switzerland and Deputy Head of Wealth Management International Europe in 2009. In July 2014, Pierre was appointed CEO of Wealth Management for Switzerland and Emerging Markets and has driven the transformation of the business in these markets.
Hubert Musseau began his career at BNP Paribas in 1996 holding a variety of roles across the bank. He joined Wealth Management in 2005 as head of Risk Management, and then was appointed COO of Wealth Management until being named Deputy CEO of Wealth Management Brazil in 2011. Since 2013, he has been CEO of BNP Paribas Wealth Management Luxembourg & International Europe markets where he has ensured the growth of the business.
François Dacquin joined the bank in 1993 occupying various positions in the bank. He joined Wealth Management in 2001 and he held different positions as head of Risk Management and Credit, head of Investment Services for Switzerland and Emerging Markets. Since 2010, he has been leading the Strategic Initiatives and Transversal Marketing team to support the development of Wealth Management around the world.
BNP Paribas Wealth Management (www.wealthmanagement.bnpparibas.com) is a leading global private bank and #1 Private Bank in the Eurozone. Present in three hubs in Europe, Asia and the US, over 6,600 professionals provide a private investor clientele with solutions for optimising and managing their assets. The bank has €344 billion worth of assets under management (as of December 2016).