News

BNPP AM appoints head of Asia Pacific to replace veteran

Asia_globeSteven Billiet has been appointed as the head of Asia Pacific at BNP Paribas Asset Management (BNPP AM). Billiet will succeed Ligia Torres, who will be retiring and returning to Europe after spending more than 23 years at BNP Paribas, seven of which were with the asset management arm. The appointment is effective from August 8, 2020 and comes after Billiet joined BNPP AM as the head of distribution for Asia Pacific earlier this year. Billiet will retain those duties in addition to his role as regional head. Based in Hong Kong, Billiet will report to Sandro Pierri, global head of client group at BNPP AM and Eric Raynaud, head of BNP Paribas in Asia Pacific. Prior to joining BNPP AM, Billiet most recently served as the chief executive for JP Morgan Asset Management in Singapore. In a statement, Frédéric Janbon, chief executive of BNPP AM paid tribute to the outgoing head of Asia Pacific. “During her [Ligia Torres’s] tenure at the firm, she has contributed to significant growth in the region, and played a particularly important role in upholding the firm’s sustainability strategy and enhancing our external visibility on the sustainable investment agenda with our clients,” said Janbon. © 2020 funds global asia

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