Stephane Petermann, head of the fx options desk at BNP Paribas in Singapore, will soon return to the firm's head office in Paris to take an equity derivatives position, according to Olivier Osty, head of equity options trading in Paris. Osty declined all further comment.
Petermann cited personal reasons for the move and declined to elaborate on his new position. Stephan Repkow, head of fixed income in Singapore, to whom Petermann reports, said BNP is looking for a replacement and may hire externally. After spending 10 years in fx options Petermann is looking for a new challenge, Repkow added.
