Published by WealthBriefingAsia – 6th May 2015
The Paris-listed lender has named a new head of Indian markets, based in Hong Kong.
BNP Paribas Wealth Management has appointed Samir Bimal as managing director and head of Indian markets, effective immediately. He takes on the role after joining the French firm in 2012. The bank also made a separate high-ranking India appointment.
Bimal will head the private banking teams servicing domestic wealthy Indian clients and non-resident Indians in Asia. Based in Hong Kong, he reports to Mignonne Cheng, chairman and chief executive, BNP Paribas Wealth Management Asia-Pacific.
When he joined BNP Paribas three years ago, Bimal held the role of managing director and CEO for India; he has a total of 25 years’ industry experience. He takes over the helm from Stephane Honig, who has shifted from the wealth management to the global markets section of the bank, based in Hong Kong, it said in a statement.
In a separate move, the firm said Himanshu Mehta is appointed as managing director and CEO, BNP Paribas Wealth Management India Pvt Ltd. He will lead the bank’s wealth management unit in that country. Based in Mumbai, he reports hierarchically to Bimal and functionally to Jacques Michel, CEO and country head of BNP Paribas India.
Mehta has been with BNP Paribas Group for more than 25 years. Since 2009, he has been managing director and head of domestic corporate group, India for BNP Paribas.
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