BNP Paribas has today disclosed a major reorganisation of its transportation business, with the firm unifying its three regional transportation franchises under a single ‘transportation capital markets’ (TCM) team. The unification became effective last month.
“This initiative will foster greater proximity with our global client base, enabling us to better serve evolving needs in an environment characterised by increasing capital intensity,” BNP Paribas said in a statement.
As part of the integration, Bertrand Dehouck has been named global head of transportation capital markets, where he will oversee and lead the new team’s activities globally. He will work in close coordination with the regional TCM teams while retaining direct responsibility for EMEA.
Dehouck has spent 22 years at BNP Paribas, with 11 years at its transportation finance group.
In 2021, Bertrand was entrusted with the enlarged transportation capital markets scope across EMEA, driving a strategic merger and repositioning of the platform across aviation, shipping, and ground transportation.
Ankush Chowdhury has been appointed global head of aviation, reporting to Dehouck.
In his new role, Chowdhury will lead the aviation franchise globally while continuing to head the Americas TCM team. Chowdhury joined BNP Paribas in 2020 after a career at American Airlines. BNP Paribas said Chowdhury has spearheaded its innovation in aviation finance.
In Asia-Pacific, Pierre Briens will remain head of the APAC TCM team, based in Singapore. Meanwhile, Pierre Frachon will assume the role of head of TCM origination EMEA from November 2025.
Together, these appointments will form the new global TCM management committee, which BNP Paribas said will drive a “consistent strategy” across its global franchise.