BNP Paribas has appointed Eddie Chang as head of Wealth Management at its Taipei branch. He succeeds Jean-Louis Tourne, who is relocating to BNP’s private banking arm in Europe. Mr Chang joins BNP Paribas from Fortis Wealth Management Taiwan, where he was senior executive. Prior to that, he worked in major investment houses in Taiwan including Merrill Lynch and AIG Securities Investment Consulting Enterprise. Mr Chang will be based in Taipei and will report to Claude Haberer, chief executive of BNP Paribas Private Bank, Hong Kong and North Asia. "We are very encouraged by the stellar growth of the Taiwan wealth-management market over the last two years where BNP Paribas WM has become the second largest wealth management team amongst foreign banks," said Mr Haberer. "We are committed to further developing our wealth management business in Taiwan. We have a flagship branch in Taipei and another team in Taiwan's second largest city, Kaohsiung."