business

BNP Paribas appoints new CEO for Malaysia

KUALA LUMPUR: BNP Paribas has appointed Anthony Lo as chief executive officer for BNP Paribas Malaysia Bhd effective October 1.

Lo takes over the role from Philippe Aroyo, BNP Paribas said in a statement today.

Aroyo, who was also head of territory for Malaysia, is moving to take up a senior role in the group, based in Paris.

Lo is based in Kuala Lumpur and reports to Joris Dierckx, head of corporate and institutional banking for Southeast Asia.

Dierckx said: “Malaysia is a key market for BNP Paribas in Asia Pacific. We have established a strong and integrated franchise in the country since receiving our full banking license in 2010.

“Under Philippe’s leadership, our business and client franchises saw significant growth in the last four years. With Anthony’s extensive experience and understanding of the local market and client needs, I am confident that he will continue to develop our platform, client portfolio and people in Malaysia, and position our franchise strongly for future growth.”

Lo brings with him more than 20 years of experience in banking and finance.

Prior to his current appointment, he was managing director and head of investment banking coverage for BNP Paribas in Malaysia.

Lo joined BNP Paribas Malaysia in 2011.

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