Todd Steinberg has been promoted from deputy head to head of equities and derivatives for the Americas at BNP Paribas in New York. He replaces Amine Belhadj, who has moved to London as global head of commodity derivatives. Belhadj, in turn, replaces John-Marc Bonnefous, who has become global head of marketing and business development for commodity derivatives--a newly-created position. The trio could not immediately be reached. Edwina Frawley, spokeswoman for BNP, confirmed the changes.
Separtely,Nick Kello, managing director and head of equity derivatives sales at BNP Paribas in New York, left the firm Tuesday. Kello could not be reached and his plans could not be determined.
Frawley said Kello reported to Steinberg, and has not yet been replaced.