Apex has appointed Akshay Thakurdesai as India country head, effective immediately.
Thakurdesai was previously head of securities services India at BNP Paribas and has been replaced by Dodla Rohit Reddy.
Thakurdesai served at BNP Paribas for more than eighteen years in various senior roles, including head of client delivery and chief operating officer for securities services from 2014 to 2018, and as director and chief operating officer, equities global markets from 2018 to 2020.
He currently serves as India custody board member at the Asia Securities Industry & Financial Markets Association.
Following Thakurdesai’s departure from BNP Paribas, Reddy will lead the company’s securities services teams in India and will be responsible for continuing to develop new business opportunities for the bank.
Based in Mumbai, he will report to Franck Dubois, head of Asia Pacific at BNP Paribas Securities Services, and to Sanjay Singh, CEO of BNP Paribas India.
His appointment comes after a 14-year tenure at BNP Paribas, where he was previously director and global head of the business solutions unit.
Commenting on his appoitnment, Thakurdesai says: “I have watched Apex Group’s
accelerated growth with great interest and have been especially impressed the quality of client service. Following recent growth and strategic acquisitions, Apex Group has grown to become the largest independent service provider globally, offering a unique and compelling single-source solution to its clients.
"I am excited by the opportunity to lead Apex Group’s Indian business as we continue to grow further, welcome new colleagues and efficiently deliver exceptional solutions for our clients.”
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