BNP Paribas Securities Services shuffle
BNP Paribas Securities Services (BNP Paribas) has reorganised globally, introducing a business-line and regional orientated organisation which reflects the increasingly global needs of its clients and the company itself.
Four global business lines have been created to develop and deliver optimum solutions and operations across the Securities Services network. Asset and fund services, headed by Philippe Ricard Clearing and custody services, headed by Alain Pochet Corporate trust services, headed by Alain Pochet Market and financing services, headed by Florence Bonnevay Business line heads will report directly to Patrick Colle, CEO of BNP Paribas Securities Services. A client development team has been created to manage business development by client segment and by region. The six client segment heads and eight regional managers are under the management of Charles Cock, who reports to Patrick Colle. They will work together in close collaboration with the business lines to define the evolving strategy and product mix for their target clients across multiple markets. Client segments Alternative investment managers, headed by Maria Cantillon Asset managers, headed by Margaret Harwood-Jones Asset owners, headed by Dietmar Roessler Banks, headed by Nadia Diego Broker-dealers and investment banks, headed by Alan Cameron Corporates and issuers, headed by Pascal Pommier Regions Asia Pacific, headed by Lawrence Au France and Belgium, headed by Jean-Marc Pasquet Germany, Northern Europe and CEE, headed by Gerald Noltsch Italy, Switzerland and Mediterranean Basin, headed by Alessandro Gioffreda Luxembourg, Dublin and other fund domiciles, headed by Frederic Perard North America, headed by Christina Feicht Spain, Portugal and Latin America, headed by Alvaro Camunas United Kingdom, Middle East and South Africa, headed by James McAleenan Commenting on the reorganisation, Patrick Colle said: "Our new organisation will mean that we are more closely aligned with our clients' globalising needs and will create greater efficiency and performance across our business. It reinforces our agility and ability to create and deliver innovative solutions. We are fast becoming a truly global player and this reorganisation will help us facilitate our clients' ambitions and accelerate our growth around the world."