Shanghai – 17 September 2013 – BNP Paribas today announced several key appointments to strengthen its Securities Services franchise in Asia as it continues its expansion in the region.
Mostapha Tahiri has been promoted to the Head of BNP Paribas Securities Services Singapore, replacing Arnaud Claudon who has been promoted to the newly created role of Global Head of Depotbank and Fiduciary Services based in Paris. Mr Tahiri joined the Singapore office in 2009 as the Head of Asset and Fund Services for Asia and has been at the forefront of the bank’s drive to grow the business in the region. He will lead the business into its next phase of growth and nurture on-going client relationships.
Jonathan Xie has joined as the Head of Asset Custody, BNP Paribas (China) Limited. Mr Xie brings 18 years’ experience in investment management and investment banking, with extensive experience working with Chinese and international financial institutions to develop business opportunities and leverage the different types of Chinese inbound and outbound investment schemes. Most recently, Jonathan was deputy head of Haitong International Asset Management based in Hong Kong. Prior to this, he held senior management roles with HFT Investment Management and Everbright Securities in China, and Questrade and Canaccord Capital in Canada.
Angely Yip has joined BNP Paribas Securities Services as the Sales Director for North Asia (ex-Japan). Based in Hong Kong, Ms Yip is an asset servicing specialist with more than 17 years’ experience in roles encompassing operations, client servicing, relationship management and sales. She has specialised in the Greater China markets since 1995, and has garnered deep and broad exposure from working closely with institutional investors including sovereign wealth funds, asset managers and financial institutions. Before joining BNP Paribas, Ms Yip held various senior positions at asset servicing firms including Clearstream, JP Morgan and most recently, Citibank.
Yuki Teshima has joined BNP Paribas’ Tokyo Branch as a Senior Relationship Manager. Ms Teshima has more than 10 years’ experience in global custody and fund administration. She has strong global exposure, having worked in the UK and Luxemburg where she developed deep product knowledge of UCITS funds and fund regulatory requirements. She has also worked in New York, where she gained insight into the broker dealer segment. Prior to joining BNP Paribas, she held relationship management roles in Brown Brothers Harriman and BNY Mellon.
Commenting on these appointments, Head of BNP Paribas Securities Services in Asia Pacific, Lawrence Au, said, “We are excited to announce the appointments of these high calibre industry professionals, which will certainly extend our market leadership in the region where we are already widely recognised for outstanding product innovation and business solutions. Their experience in global custody, fund services and investment management, together with their excellent knowledge of the Asia marketplace and global practices, make them ideal candidates for these positions.”
He continued, “We are well positioned with our global-local business model and have strong and complete propositions to cater to the rapid growth in China-Hong Kong and ASEAN regions, as well as the investment developments in Japan. From leading UCITS expertise and global fund distribution support to off-shoring RMB clearing and QFII and RQFII servicing models, we bring our significant global presence and expertise to support client’s on- and offshore needs.”
BNP Paribas Securities Services has more than 1,500 employees in the Asia Pacific region serving regional and global clients, including the world’s top institutional investors and financial intermediaries. Through its 10 offices in seven countries in the region, the custodian has developed award-winning asset and fund servicing solutions to harness local and global market opportunities and service its expanding client base in the Asia Pacific. It has won seven industry awards and top rankings in custodian surveys in the region in 2013*.