BNPP IP appoints new chiefs for HK, Japan

BNP Paribas Investment Partners yesterday appointed Ryohei Shimazaki as chief executive of Japan to replace Tino Moorrees, who became CEO of Hong Kong on June 25.

Asia-Pacific CEO Vincent Camerlynck had also been interim Hong Kong head following the retirement of Jean Audibert in September, 2013.

Before taking up the Japan role, Moorrees had been BNPP IP's chief executive for Indonesia from January 2010 to August 2011. He joined BNP Paribas in 1997 and moved to its asset management arm in 1999.

Shimazaki joined from Baring Asset Management, where he was from May 2010 to this June president for Japan.

Barings is seeking a replacement. In the interim, director John Dominic Burns is acting CEO.

Before moving to the UK fund house, Shimazaki was chief administrative officer at UK-based equity research services firm Japaninvest from October 2006 to March 2008.

He has also worked at ING Baring Securities and Hong Kong-based investment bank Jardine Fleming before it was sold to JP Morgan Chase in 2000. He started his career as a fund manager at Robert Fleming Asset Management in 1986 in London, according to his LinkedIn profile.

Neither Moorrees nor Shimazaki were available for comment as of press time.

BNPP IP operates in 10 locations in Asia Pacific and sources $58 billion of its $680 billion in global assets from the region.

After suffering a series of departures, the firm last year went on a hiring spree and merged its sales and client servicing teams, reorganising them into new coverage segments.