Bergadaa replaces Dry at BNP

A new deputy CEO appointed, while Dry will leave to pursue personal goals.

BNP Paribas Peregrine's deputy CEO, Guillaume Dry will leave at the end of July to pursue personal goals and will be replaced by Jean-Claude Bergadaa.

Dry has spent the last few years refocusing BNP Paribas Peregrine's China strategy, turning it into a firm that chases China mid-cap deals. BNP's pipeline of ECM deals this year reflects the success of this strategy.

FinanceAsia will forever remember the first time we met Dry and heard this strategy over a lunch at Jimmy's Kitchen in Hong Kong two years ago. The enigmatic Dry appeared to smoke the better part of a box of cigarettes as he told us with incisive clarity about the firm's new China strategy over a three course meal.

His replacement, Bergadaa has worked for Credit Agricole in investment banking in Singapore, Stockholm and London, and says: "The firm has established a leading position in Asia, and in particular China, and I will strive to build on this by contributing my best for the firm."

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