Jacquard, who will be based in London, will report to Guillaume Amblard, global head of Fixed Income Trading.

Jacquard joined BNP Paribas in 2008 as head of Structured Credit & Arbitrage and then became global co-head of Credit Trading with Christian Mundigo (now promoted to co-head of Fixed Income, Americas) in May 2010.

Prior to joining BNP Paribas, Jacquard built and managed credit trading and structuring teams at Bank of America, Credit Agricole and CPR.

In his new role, Jacquard will lead the implementation of BNP Paribas’s ambitious credit development plan, extending the product range and market share in all credit markets, including investment grade (IG) and high yield (HY) secondary trading, ABS trading, structured credit and Fixed Income arbitrage.

Jacquard said he is very excited by this new challenge. The company’s credit platform has grown significantly over the last two years, expanding successfully in the US and globally in HY and ABS trading.

"We want to leverage on our leading European position and deliver the best credit expertise and trading, in conjunction with a strong structured credit offering, to meet our clients’ needs," Jacquard added.