BNP Paribas hires Osborn-Barker to expand pensions coverage

BNP Paribas has appointed Tony Osborn-Barker as global head of pensions in the fixed-income global risk solutions group, a newly created position based in London.

The bank has separated the pensions department from insurance to boost its coverage of pensions in Europe and in response to client demand. The department will hire two or three additional pensions staff by the end of the year to provide new products and solutions for clients’ pensions liabilities needs.

Osborn-Barker joins from Deloitte Touche Tohmatsu, where he was head of investment services. Prior to that, he was a European partner at William M. Mercer for eight years.

Osborn-Barker reports to Mark Azzopardi, head of insurance and pensions, who said: “Tony brings significant knowledge and experience to BNP Paribas. His appointment demonstrates the bank’s growing commitment to the pensions sector, as we continue to boost coverage and provide clients with the most innovative risk solutions in the market.”

This appointment follows the signing of two structurers for the insurance team in May this year.