BNP Paribas Investment Partners has appointed former head of wealth advisory at BlackRock, James Langlands, as its new head of advice business for Australia and New Zealand.
In his new role he would be responsible for growing funds under management by working with dealer groups, private wealth firms, family offices, research houses, platform providers and other key players in the market.
Langlands, who would be reporting directly to BNP Paribas Investment Partners Australia and New Zealand chief executive, David Grybas, has many years of experience in both sales and operations, including 15 years at global fund manager BlackRock where he had national responsibility for BlackRock's retail client business incorporating bank-owned and independent financial advisers, private banks and research relationships.
"We look forward to James joining our already robust team. His wealth of experience will be instrumental in broadening the availability of our investment solutions in Australian and global equities, emerging markets, global fixed income and alternatives to the advised segment," Grybas said.
According to BNP Paribas, Langlands is expected to commence this newly created role in mid-August.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.
The $89 billion fund has announced a new leadership role within its private markets team.