BNP Paribas hires two in FX strategy

BNP Paribas has expanded its foreign exchange strategy team with the appointment of Phyllis Papadavid as senior global FX strategist in London, in addition to Daniel Katzive, who has joined as head of FX strategy for North America.

As reported by FX Week earlier this year, Katzive joins from Credit Suisse, where he was the lead FX strategist in New York, having previously worked at UBS and the Federal Reserve Bank of New York. Papadavid was most recently an economic adviser to the Government of Mongolia and she has also worked at Lehman Brothers. Both report to Steven Saywell, global head of FX strategy in London.

Katzive will be the voice of FX strategy for North America, according to a statement from BNP Paribas, and will also have a focus on driving forward the G-10 FX business in the region. He will work closely with FX volatility strategist Vasilis Koutsaftis and G-10 strategist Vassili Serebriakov, who joined the bank last year from Wells Fargo. Meanwhile, Papadavid will focus on the bank's longer-term macro FX strategy.

"Daniel and Phyllis bring a wealth of knowledge and expertise to the firm and will considerably reinforce our global FX strategy team. These appointments will enable us to boost the delivery of top-class macro FX strategy to sales and trading in the US and the UK," says Saywell.