BNP Paribas Investment Partners makes key Asia hires
02 September 2014
Category: News, Asia, Global, Hong Kong, Japan
By Derek Au
BNP Paribas Investment Partners has appointed Tino Moorrees as its new chief executive officer for its Hong Kong operation.
Mr. Moorrees was most recently CEO, representative director and president for the Paris-based asset manager in Japan. He replaces Jean Audibert in the Hong Kong role, who retired in September last year. In the time since, the position had been occupied by Asia-Pacific CEO Vincent Camerlynck on an interim basis.
Mr. Moorrees, whose appointment is effective September 1, will report to Mr. Camerlynck.
Prior to his experience in Japan, Mr. Moorrees was CEO and president director for PT. BNP Paribas Investment Partners Indonesia. He has over 17 years of financial services experience, 15 of them in the fund industry.
Separately, Ryohei Shimazaki has been poached to succeed Mr. Moorrees as CEO of BNP Paribas Investment Partners Japan. Mr. Shimazaki, who will be responsible for managing and developing the firm’s business in Japan, arrives from Baring Asset Management (Japan), where he was president and representative director. He has nearly three decades of experience in the financial services industry, and will also report to Mr. Camerlynck.
“These appointments demonstrate our ambitions and commitments towards our businesses in Hong Kong and Japan. I am confident that under the leadership of Tino and Ryohei both countries will be able to realise their growth ambitions,” Mr. Camerlynck said.
BNP Paribas Investment Partners currently manages about US$60 billion in Asia-Pacific.