BNP names EM structuring head

BNP Paribas has appointed Vlad Galea as head of emerging markets structuring in Europe within its fixed income institutional client group (ICG).

Galea is based in London and will cover all fixed income asset classes, including interest rates, foreign exchange, inflation and credit. He started at the bank in early August and reports to Kara Lemont, European head of foreign exchange and interest rates structuring, and Herve Besnard, head of credit derivatives structuring.

Vlad joins BNP Paribas from JP Morgan in London, where he spent five years, most recently within the emerging markets structuring and marketing team. While at JP Morgan, Vlad worked on structured credit and alternative investments and was involved in the launch of Red Square, the first rouble-denominated collateralised debt obligation, launched in December last year. Previously in Risk News: Russian bank launches first local CDO