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Management revamp at BNP Paribas WM

Added 6th April 2015

In a top management restructuring, BNP Paribas Wealth Management has appointed Ernest Leung as the chief executive officer for wealth management in Singapore.

Management revamp at BNP Paribas WM

Leung, who replaces Arnaud Tellier, will retain his role as chief operating officer for the firm in Asia Pacific, the firm said.

The dual role will enable Leung to enhance the bank’s business development plans and infrastructure support across Asia-Pacific, while continuing to drive franchise growth in Singapore, the firm said.

Leung reports to Mignonne Cheng, chairman and CEO for Asia-Pacific, and to Pierre Veyres, regional head of Southeast Asia and CEO of the firm’s Singapore office.

Tellier, who has been the CEO of wealth management for Singapore since 2013, has been put in charge of investment services for Asia-Pacific. He is based in Singapore. 

Tellier has been with the company for 20 years and will work with the relationship managers in the region to strengthen the bank’s product capabilities. 

He reports to Cheng, Leung and Olivier Maugarny, global head of investment services.

Apart from these two changes, Stephanie Lair has taken over the lead role for Singapore, Indonesia and Malaysia from Serge Forti, who recently retired from the company.

Lair was most recently the head of investment services in Asia-Pacific.

She is based in Singapore and will spearhead business development in these key markets. Lair reports to Cheng and Leung.

According to the firm, the realignment of management is linked to the firm’s regional growth plans.

 “These appointments mark the latest move by the bank to expand and deepen its client and product coverage, as well as to continuously strengthen its robust risk management systems in a region that is critical to its build out.”


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