EPPI, the Italian retirement scheme for the industrial sector, has reappointed BNP Paribas’ Securities Services business to provide depositary bank services for their assets.
Following its successful selection by EPPI as part of a tender launched in October 2023, BNP Paribas’ Securities Services business has been reappointed as depositary bank for a period of four years, extendable for an additional four years.
Andrea Cattaneo, head of Italy, Switzerland and Iberia, Securities Services, BNP Paribas, comments: “This mandate renewal with EPPI is of great importance to us. Over the years, we have created a tailored and flexible offering for pension funds and retirement schemes, adaptable to regulatory changes and market requirements. We are extremely proud that our strategy proves effective in fulfilling our clients’ needs.”
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