Steven Billiet has been named head of Asia Pacific for BNP Paribas Asset Management (BNPP AM), effective August 8, the company said in a statement. He will succeed Ligia Torres, who is retiring from the firm and returning to Europe.
Billiet joined BNPP AM earlier this year as head of distribution, Asia Pacific, and will retain the regional distribution responsibilities in addition to his role as head of the region.
Based in Hong Kong, he will report to Sandro Pierri, BNPP AM global head of client group, and locally to Eric Raynaud, head of BNP Paribas in Asia Pacific. He will be responsible for further accelerating the strategic expansion of the company’s Asia-Pacific business and will facilitate a more integrated approach to driving growth in the region.
Billiet has more than 25 years of experience in the financial services industry, including 18 years as chief executive of divisions within global organisations in Australia, India, Singapore and Taiwan. He was most recently CEO for J.P. Morgan Asset Management in Singapore, where he oversaw the overall management of the firm’s local set-up and client segments in Southeast Asia and Korea.