BNP appoints Gunnar Hoest as head of commodity derivatives
19 July 2013
News, Asia, Singapore
By Asia Asset Management
BNP Paribas announced on July 18 the appointment of Gunnar Hoest as head of commodity derivatives for BNP Paribas Asia Pacific, based in Singapore. This appointment highlights the bank’s strong commitment to develop and expand its full-service commodity platform in the region, and signals an important milestone in the bank’s Asia Pacific growth strategy.
Mr. Hoest will be at the helm of BNP Paribas’ market-leading commodity derivatives platform. The team offers complete risk management solutions to clients, covering OTC, structured hedging, futures brokerage and clearing on a full range of commodity underlyings.
With more than 15 years of experience in capital markets, Mr. Hoest brings a wealth of knowledge and insight into the commodity business and the Asian markets. Prior to joining BNP Paribas, he led the Asian commodity derivatives business for Credit Suisse, and subsequently Deutsche Bank.
BNP Paribas has been providing financing and risk management solutions to the global commodities industry for 25 years, serving a diverse client base worldwide.
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