NEW YORK, NY--(Marketwire - Apr 2, 2012) - BNP Paribas Investment Partners has announced leadership changes in both its North American and Australian operations.
Current BNP Paribas Investment Partners Australia Chief Executive, Robert Harrison, has been appointed CEO of BNP Paribas Investment Partners USA Holdings Inc., becoming both CEO of BNP Paribas Asset Management, Inc. and CEO of Fischer Francis Trees & Watts (FFTW), a wholly owned subsidiary of BNP Paribas specializing in US and global fixed income. Mr. Harrison will be based in New York and one of his primary objectives will be to further develop the sales of BNP Paribas Investment Partners US and global products in this strategic region.
Mr. Harrison's replacement as Chief Executive in Australia is David Grybas, current Co-Head of Institutional Business Development for BNP Paribas Investment Partners Australia. Mr. Grybas joined BNP Paribas Asset Management Australia in 2005 and has been responsible for institutional business development and client relationships across Australia and New Zealand. He will take over responsibility from Mr. Harrison from late April.
Commenting on the changes, BNP Paribas Investment Partners CEO, Philippe Marchessaux, said, "Rob brings an excellent combination of skills to his new role. The business has grown significantly in the nine years he has been CEO of BNP Paribas Investment Partners Australia. David has been an integral part of Rob's team for six years, thus brings experience and continuity to the role as well as new initiatives to continue to build the business."
ABOUT BNP PARIBAS INVESTMENT PARTNERS
BNP Paribas Investment Partners is the dedicated autonomous asset management business of the BNP Paribas Group. With approximately 3,600 employees in 43 countries, BNP Paribas Investment Partners offers the full range of investment management services to both institutional and retail clients around the world.
Central to the way we work is the concept of partnership -- both in terms of how we behave as a family of companies and our relationships with our clients. Over 800 investment professionals work across our network of some 60 investment centers, each specializing in a particular asset class or type of product. With total assets under management of US$639 billion*, BNP Paribas Investment Partners is one of the largest investment management firms in the world.
BNP Paribas Investment Partners provides U.S. and global fixed income, equities and alternative strategies for US institutional investors. Its U.S. Registered Investment Advisors manage US$ 61.6 billion* in assets under management.
* Source: BNP Paribas Investment Partners as of December 31, 2011