NEW YORK, NY--(Marketwire - March 30, 2011) - BNP Paribas Corporate and Investment Banking is pleased to announce the appointment of Nader Nazmi as Senior Latin American Economist, focusing on Mexico. Nader is based in New York and reports locally to Julia Coronado, Chief Economist, North America and functionally to Marcelo Carvalho, Head of Latin American Economic Research, based in Sao Paulo.
Prior to joining BNP Paribas, Nader was Deputy Director of the Latin America Department at the Institute of International Finance (IIF) since 2004. At the IIF, Nader monitored and analyzed Mexico and other Latin American economies. His extensive market experience includes positions as the economic director of Latin America at Banc One Capital Markets and was also formerly an Advisor to the Central Bank of Ecuador. Nader also spent time in academia where he was the Chair of Economics Department at Lake Forest College, a Senior Fellow at Georgetown University, among other academic appointments. He has written extensively on international finance, macroeconomics and emerging market economies, with a focus on Latin America. He has authored a book, Economic Policymaking, Stabilization and Growth in Latin America.
"Nader brings incredible market, policy and academic experience to this role," Carvalho commented. "As BNP Paribas grows in Latin America and further cements our position as a leading international bank, Nader will be a significant asset to our business by providing insight into international and domestic economic trends affecting our clients and the Mexican market."
Nader joins an accredited team of Latin American Economists for BNP Paribas. The team is led by Marcelo Carvalho in Sao Paulo focusing on Brazil, and also includes Florencia Vazquez in Buenos Aires covering Argentina and Chile, and Italo Lombardi, based in New York, covering economics, foreign exchange and interest rate strategy for Latin America.
In Latin America, BNP Paribas has operations in Argentina, Brazil, Chile, Colombia, Mexico and Peru. The bank works with local service providers in more than a dozen Latin American nations as well as Caribbean nations and territories.
BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs around 20,000 people in over 50 countries and services 14,000 corporate and institutional clients worldwide.
BNP Paribas CIB excels in:
Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally
www.cib.bnpparibas.com
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world*. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.
* Rated AA by Standard & Poor's i.e. 3rd rating level on a scale of 22.
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