BNP Paribas hires for US pensions

- Nikki Marmery
- 26 Mar 2007

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BNP Paribas has hired Jim Johnstone to structure pension plan financing products in New York. He is the first member of a new US pensions team the bank is setting up, following the establishment of a similar specialist team in Europe. Johnstone reports to global head of pensions Tony Osborn-Barker in London.

"A perfect storm of accounting, regulatory, capital management and rating considerations have conspired to demand a new approach to pension risk management,” says Osborn-Barker. “Johnstone’s

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