BNP Paribas has appointed two senior executives to its Equities & Derivatives Management Committee: Eric Le Brusq, as deputy head of Equities & Derivatives sales worldwide, based in Paris, and Todd Steinberg, as deputy head of Equities and Derivatives for the Americas, based in New York.
Eric Le Brusq joins the firm from Societe Generale where he worked since 1994. He contributed to the development of the structured products business there and was most recently European head of sales for equity derivatives structured products.
Todd Steinberg was most recently at Wachovia Securities where he was founder and head of equity linked products, which comprises equity derivatives, convertible securities and equity finance. He was also an Operating Committee board member of Wachovia Capital Markets. Prior to that, he was an executive director and head of US institutional equity derivatives at UBS Securities. Steinberg has also held equity derivatives positions at other major Wall Street firms including Banc of America and Morgan Stanley.
Yann Gerardin, global head of Equities & Derivatives said, “Equity Derivatives is one of BNP Paribas’ areas of excellence and growth. Our leadership in equity derivatives, the quality of our teams, and our entrepreneurial spirit allow us to attract some of the industry’s best experts, strengthening even further our already highly experienced management teams. Both Eric and Todd fully adhere to company bjectives and our cultural profile, and will be instrumental in fulfilling our high ambitions.”