24/04/2019 14:00:00

BNP Paribas Hires Dr. Daniel Ahn as Chief US Economist and Head of Markets 360™ North America

NEW YORK, April 24, 2019 (GLOBE NEWSWIRE) -- BNP Paribas, a premier global banking partner, announced today the appointment of Dr. Daniel Ahn as Chief US Economist and Head of Markets 360™ North America, the bank’s market strategy and economic commentary division.

Previously, Dr. Ahn was the Chief Economist and led data analytics at the U.S. Department of State. Before entering public service, he was the Chief Commodities Economist at Citigroup in New York and held senior economist and strategist positions at various global financial institutions. Dr. Ahn was a senior advisor at the U.S. Federal Reserve Board of Governors and held research and teaching positions at Harvard University, the National Bureau of Economic Research, Columbia University, the Council on Foreign Relations, the International Monetary Fund, Johns Hopkins University and Georgetown University. Dr. Ahn is a Global Fellow at the Woodrow Wilson Center for Scholars in Washington D.C. He received his A.B. in economics and finance from Princeton University and his Ph.D. in economics from Harvard University.

At BNP Paribas, Dr. Ahn will be responsible for delivering to clients a 360-degree view of the markets across all asset classes around the world with a focus on the US markets and economy. He will lead the economists and strategists in North America and report to John Gallo, Head of Global Markets Americas Sales, and to Kaushik Banerjee, Head of Global Macro Research. Global Macro Research is part of Markets 360™, BNP Paribas’ Strategy & Economics division headed globally by Olivia Frieser.  

John Gallo stated, “We welcome Daniel to BNP Paribas and look forward to leveraging his unique insight and knowledge of the markets and US economy to strengthen our client franchise. His experience in both the public and private sectors will be extremely valuable in our service to clients.

“With Daniel’s contributions to our Markets 360™ offering, our clients will receive global perspectives and executable trade ideas that will help them make informed investment decisions as the markets move.”

Dr. Ahn, Chief US Economist and Head of Markets 360™ North America, said, “It’s a great honor and privilege for me to join the BNP Paribas community and help build on the storied bank’s impressive reputation as a leader in global markets. I’m looking forward to bringing a unique combination of skills and analytic insights to drive research, data science and macro strategy in service to the bank’s clients.”

About Markets 360:

Markets 360™ is BNP Paribas’ newly revamped Strategy & Economics division, aiming to provide institutional investors, including corporate clients, with top quality market views and thought leadership in a timely manner. Markets 360™ brings Strategy and Economics together in thematic notes across asset classes. Markets 360™ strives for its market insights to be evidence-based, building on quantitative and data analysis. Our unique offer: Quantitative DNA, Emerging Markets strength, Sustainability analysis, Credit expertise and Derivatives proficiency.

About BNP Paribas in the US:

BNP Paribas is a premier global banking partner and has built a strong and diversified presence and product suite in the United States (US) to help serve its clients in today’s changing world. The bank employs over 14,000 people and has had a presence in the US since the late 1800s. Bank of the West, BNP Paribas’ retail arm, serves over two million individuals and small & businesses through a network of around 600 branches and business centers. Large corporate and institutional clients are served by BNP Paribas’ Corporate & Institutional Banking franchise that has a presence in the main US cities, in addition to a wide international reach through a network of offices in EMEA and APAC. The bank also offers asset management services through BNP Paribas Asset Management as well as Real Estate and Fleet Services through partnerships. www.usa.bnpparibas.com

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,600 employees, of which almost 155,000 are in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg), and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.

Media Contacts:

Mylene Benmoussa

+1 646 322 5221

Mylene.Benmoussa@us.bnpparibas.com

Guy Taylor

+1 332 323 3704

Guild.Taylor@us.bnpparibas.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dbb6940f-8b28-49f5-b678-78358b545669

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