BNP Paribas has put its former global head of fixed income in charge of its €532 billion asset management arm, BNP Paribas Investment Partners.

Frédéric Janbon ran fixed income at BNP Paribas from 2005 until the end of 2014. Since then, he has been acting as a special adviser to the French bank's senior management. That role change came as part of a reshuffle under Yann Gérardin, who took charge of corporate and investment banking in September last year and in November unveiled a revamp that saw the unit rebranded as corporate and institutional banking under Gérardin.