BNP Paribas has announced a number of senior management changes, with José Placido set to become CEO of the bank’s corporate and institutional banking (CIB) business for the Americas.
Bob Hawley, the current CEO of CIB Americas, will transition to the role of vice chairman of CIB Americas when Placido begins in the role on June 1.
Placido will be based in New York City and will report jointly to Yann Gérardin, deputy COO and head of CIB, and Jean-Yves Fillion, CEO of BNP Paribas USA.
Placido is currently the global head of financial institutions coverage (FIC) and global head of client development for securities services at BNP Paribas. Prior to joining the bank in 2014, he was the CEO of RBC Investor Services and RBC Dexia Investor Services, based in Toronto.
Sandrine Ferdane will succeed Placido as global head of FIC. She will start on April 1, and will be based in Paris reporting to Gérardin. Ferdane has been country head of Brazil and CEO of Banco BNP Paribas Brazil since 2014, before which she worked in a variety of senior banker and financing roles at the French bank in a career dating back to 2003.