Kent Oz, head of financial institutional sales for BNP Paribas' equity derivatives group in New York, resigned last week, according to a firm official. Oz, who has been with the firm for more than five years, had been reporting to Vuk Bulajic, head of U.S. equity derivatives in New York. Bulajic resigned two weeks ago to join CDC IXIS Capital Markets North America as the head of equity derivatives sales and marketing (DW, 4/29).
A BNP spokeswoman confirmed Oz's departure, but declined to provide further details. Francois Carnet, BNP's Asia head of equity derivatives in Hong Kong, is relocating to New York to fill Bulajic's position. Oz did not return calls.