French banking group BNP Paribas has strengthened its wealth management division with multiple senior hires.

These include appointment of Pierre Vrielinck as the new CEO of Asia Pacific, replacing Mignonne Cheng. Vrielinck has been working at BNP Paribas since 1998, previously holding various senior roles at the firm such as COO of BNP Paribas Switzerland, deputy head of Wealth Management International Europe, and CEO of Wealth Management for Switzerland and Emerging Markets.

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Cheng will continue in his role as chairman of Asia Pacific at the firm. She spent over 26 years at BNP Paribas in various senior management roles in various areas such as corporate and commercial banking, investment banking, and wealth management.  

The bank also appointed Hubert Musseau as the CEO of Switzerland and Emerging Markets. Musseau joined BNP Paribas in 1996, holding several positions including COO of Wealth Management, deputy CEO of Wealth Management Brazil, and most recently CEO of BNP Paribas Wealth Management Luxembourg & International Europe markets.

Francois Dacquin will replace Musseau as the new CEO of Luxembourg & International Europe Markets, the French banking group said. Dacquin joined the bank in 1993, holding various roles including the head of Risk Management and Credit, and head of Investment Services for Switzerland and Emerging Markets.

BNP Paribas Wealth Management Vincent Lecomte co-CEO said: “With these appointments, BNP Paribas Wealth Management is demonstrating its firm commitment to the continued development of our wealth management business across the world thanks to these highly experienced individuals who collectively bring their unparalleled expertise to the service of our clients.”

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