BNP Paribas corporate and investment banking has hired two senior executives to its fixed income business. Patti Carlo joins as managing director covering mortgage institutions and banks for mortgage and interest rate derivatives and Sherif Elias as a director in US interest rate sales. The bank expects that these appointments will increase market share across its interest rates business.
Mr. Carlo will report to Avi Pemper, head of structured products & derivatives marketing for fixed income, and will work to grow BNP Paribas’ franchise in a key client sector.
Mr. Elias will report to Mallory Brooks, head of interest rate sales for the Americas. He will work to develop and solidify interest rates coverage of macro and hedge fund accounts.
Kip Testwuide, head of origination and distribution for Fixed Income Americas, said: We’re please to have both Patti and Sherif join our team, as we look to expand our rates business, an area of particular success for BNP Paribas in the Americas.
