BNP Paribas Investment Partners Names DB's Dilworth As Global Head of Sales

Sep 9 2016 | 5:29pm ET

BNP Paribas Investment Partners has named former Deutsche Bank executive James Dilworth as its new global head of sales.

In his new role, Dilworth will be responsible for developing BNP Paribas Investment Partners’ business with institutional and retail investors as well as distribution networks. He will also join the firm’s executive committee. He will be based in London and report to Frédéric Janbon, CEO of BNPIP. The position is new.

Dilworth was until recently CEO Germany for Deutsche Bank’s Deutsche Asset & Wealth Management and was global head of active asset management. Beforehand, he held various executive and business development roles at Allianz Global Investors and contributed to the growth of the Goldman Sachs Asset Management’s European footprint, with a specific focus on Germany for over ten years.

Dilworth’s recruitment to BNP IP underscores the challenges Deutsche Bank faces as it tries to implement a broad restructuring under CEO John Cryan. Dilworth reportedly left the bank at the end of February, one of a number of senior executives to leave the global bank in the past year including Asia head Gunit Chadha and asset management chief Quintin Price.

“We are very pleased to welcome James Dilworth to BNP Paribas Investment Partners,” said Janbon in a statement. “His extensive experience of the investment management industry gained at both American and European firms, and his established track record of building and growing businesses, will be a considerable asset in the development of our business globally.”

BNP Paribas Investment Partners is the BNP Paribas Group’s asset management specialist. It has assets under management and advisory of €532 billion as of 30 June 2016.

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