James D. Dilworth was named global head of sales at BNP Paribas Investment Partners, said a spokeswoman.
The position is new, and Mr. Dilworth starts Sept. 12. Based in London, he will report to CEO Frederic Janbon.
Mr. Dilworth will be responsible for developing the €532 billion ($593.3 billion) money manager's institutional and retail business, and distribution networks. Mr. Dilworth also joins the executive committee.
“(Mr. Dilworth's) extensive experience of the investment management industry gained at both American and European firms, and his established track record of building and growing businesses will be a considerable asset in the development of BNP Paribas Investment Partners' business globally,” said Mr. Janbon in a news release Friday.
Mr. Dilworth was most recently at Deutsche Bank's money management arm. He was appointed managing director and head of active asset management at Deutsche Asset & Wealth Management, and CEO of Deutsche Asset & Wealth Management Investment, a Frankfurt, Germany-based unit, in July 2014. Effective Jan. 1, Deutsche's money management arm became a stand-alone business division, split out of Deutsche Asset & Wealth Management. Mr. Dilworth left at the end of February, a Deutsche spokesman said. Stefan Kreuzkamp, chief investment officer and head of active asset management, took on his responsibilities.
