BNP Paribas Asset Management (BNPP AM) has strengthened its ETF & index solutions specialist sales team with two appointments.

Benjamin Ertler (pictured) and Martin Walentowitz joined on 1 April as senior sales manager and sales manager respectively.

Based in Frankfurt, they report to Claus Hecher, head of business development for ETF & index solutions in Germany, Austria and German-speaking Switzerland.

In their new roles, they will help to boost BNPP AM’s ETF franchise in the German market, strengthening coverage within wealth management, private banking, asset management and retail distribution.

Germany is one of the fastest growing ETF markets in Europe, with a global market share of 27 percent (valued at $432 billion) in 2021, according to research by Blackwater Search and Advisory. This puts it ahead of both the UK ($400 billion) and Italy ($224 billion).

Mr Hecher said: "We are very pleased to welcome Benjamin and Martin to BNPP AM’s ETF and index fund sales team in Germany. Their considerable experience of the German ETF market, combined with their excellent knowledge of the specific needs of German private banks and the asset management industry, will be very important for the growth of our business in this market.”