London, New York – 4 July 2018 BNP Paribas is pleased to announce that Adrian Boehler, Global Co-Head of FX Local Markets & Commodity Derivatives BNP Paribas, has been nominated and elected Co Vice-Chair of the Global Foreign Exchange Committee (GFXC) in addition to his existing responsibilities at BNP Paribas. The GFXC was established in 2017 to bring together central banks and the private sector in order to promote a robust, liquid, open, and appropriately transparent FX market worldwide.
The GFXC also announced the appointments of:
- Simon Potter, Chair of the GFXC and Executive Vice President of the Federal Reserve Bank of New York
- Akira Hoshino, Co Vice Chair of the GFXC and Senior Fellow and Managing Director, Head of Global Markets Trading at MUFG Bank
Simon Potter, Executive Vice President of the Federal Reserve Bank of New York and Chair of the GFXC said:
“It is a true honor to have the opportunity to lead the GFXC. The GFXC made a great deal of progress in its first year, and I would like to thank my predecessors and the newly elected Co-Vice Chairs for their commitment and support. I look forward to continuing the committee’s important work in the year ahead, in ongoing close cooperation with the local foreign exchange committees as exemplified by the discussion today.”
Adrian Boehler, Global Co-Head of FXLM BNP Paribas and Vice Chair of GFXC said:
“The new leadership structure will enhance the GFXC’s outreach across diverse Market Participants in the industry. I look forward to working with Simon and Akira.”
Akira Hoshino, Senior Fellow and Managing Director, Head of Global Markets Trading at MUFG Bank and Co Vice Chair of the GFXC said:
“I am pleased to join my colleagues in promoting the adoption and integration of the Code across global FX Market Participants.”
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Notes to Editors
For the press release from the GFXC:
For additional details on the GFXC and the FX Global Code
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.