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December 3, 2012 -

BNP Paribas Solidifies its Business Strategy in the Greater China Region

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BNP Paribas Global Equities and Commodity Derivatives (GECD) Asia Pacific appoints Hugo Leung Head of GECD, Greater China, and Deputy CEO for BNP Paribas Securities (Asia) Limited, effective immediately. Hugo will represent GECD Asia Pacific in developments with market regulators and exchanges across the Greater China region and track regulatory evolution and its impact on GECD’s businesses in these markets. He will supervise the representative office of BNP Paribas Equities (Asia) Ltd in Shanghai and BNP Paribas Securities (Taiwan) Co Ltd. for GECD.

In his expanded role, Hugo will bring cohesion to numerous existing client initiatives focusing on China equity and equity related products. He will develop client relationships and business opportunities centred around the needs of Chinese institutional clients, including asset managers, sovereign wealth funds, commercial banks and securities companies across Hong Kong, mainland China and Taiwan.

Hugo will continue to manage the Equity Syndicate function, with a strong focus on Greater China dealflow. Hugo has amassed 20 years of experience in Asian equities, especially in the capital and secondary equity markets. Hugo joined Peregrine in 1993 and has been working in different capacities during his tenure at the BNP Paribas Group. His latest role with the Bank was Head of Equity Syndicate and Corporate Equity for BNP Paribas, Asia Pacific. He will continue to report to Pierre Rousseau, CEO for BNP Paribas GECD Asia Pacific in his new role.

BNP Paribas Global Equities and Commodity Derivatives (GECD) Asia Pacific continues to build its business strategy and management structure as it seeks to capture business opportunities within its Greater China franchise. BNP Paribas is particularly well positioned to build strong business partnerships in the region, as China continues to develop its domestic economy and its financial institutions increase their investments in offshore markets.

The Bank’s reach across Asia and Europe is a major asset for companies requiring banking services on both continents. As European companies continue to develop their China strategies, and as Chinese institutions now have the authorisation to invest in many foreign markets and new asset classes, BNP Paribas is looking to provide value added services to its expanding local clients and meet its existing clients’ needs across the financial capital markets.

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