Paris headquartered multinational banking service provider BNP Paribas has now made an addition to its Precious metals sales team. The newly joined executive is a industry veteran with nearly 17 years of experience in handling precious metals and has vast knowledge and experience in dealing with commodities market. This move was made public via changes made to the executives’ LinkedIn account according to which his tenure at the firm begins this month. The newly joining member Leon J Edery has spent the entirety of career serving yet another France based multinational banking and financial service provider Societe Generale climbing his way up the corporate ladder all the way from the bottom.
According to his LinkedIn profile, he joined the firm back in July 2001 and served for nearly six months as a clerk in the firm’s commodities back office handling OTC confirmations, settlements, transfer & clearing, matching and reconciliations relating to precious metals. He then took a break during which he graduated from ESG Finance – a Paris based school of management and finance with a masters’ degree in Capital markets, finance and commodities. He then rejoined Societe Generale yet again in February 2003 in the role of Manager for commodities back office and served in this role for 4 years. He was then promoted to role of Front Office Marketing and Sales for clients from CIS, EMEA and Russian markets who dealt with Precious Metals. He served in this role for nearly 4 years during which he was in charge of development of client portfolio in precious metals derivatives.
In his role, he helped the firm develop its client portfolio made up of financial institution which dealt with precious metals and which mostly consisted of private banks, tier-2 commercial banks and asset managers. His contributions helped him rise to role of Director of Precious metals Marketing and Sales which he held for 8 years and 6 months until his resignation from the firm back in Jun 2019. He served as Director based out of the firm’s London office and oversaw client portfolio with more than 75 members ranging from central banks to Corporate trading houses. It should be noted that Societe Generale shutdown its OTC commodities and proprietary trading business units earlier this year but Leon doesn’t seem to have been affected by this move. Precious metals are gaining momentum in the second and third quarters of this year as geo-political cues affect and influence market demand making it a great time for the firm to amp up its activities in this market division.
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