BNP Paribas Securities Services has appointed Darren Banks to lead the recently launched UK Trustee and Depositary Business.
Banks joins from State Street Trustees Limited (SSTL) where he held various roles and was involved in the strategic development of the business arising from regulatory developments in Europe and the UK with integrated responsibility for Customer Management across SSTL.
James McAleenan, head of the UK at BNP Paribas Securities Services, said: “Darren Banks brings a wealth of knowledge and expertise to our business and we are pleased to have him on board. He will be responsible for growing the UK Trustee & Depositary business enabling us to become the partner of choice and a differentiator by truly leveraging a pan-European approach to depositary services rather than the traditional UK centric view.”