BNP Paribas has more than tripled its assets under custody over the past five years under the leadership of Philippe Benoit.
Ian Martin will continue his current responsibilities of leading State Street’s global services business in the region.
The appointment rounds off the global restructuring of HSBC's securities services leadership, following the appointment of two new global co-heads for the business.
Margaret Law will be responsible for growing its regional client base and leading the adoption of CLS’s portfolio of products.
The Chicago-based custodian will provide custody and foreign exchange services to the Misaki Engagement Master Fund.
BNP Paribas has made a number of senior appointments to its Asia-Pacific securities services team in recent months.
GC Legend and industry securities lending veteran leaves key role at HSBC after five years.
The collaboration is the latest for Clearstream’s Asia funds strategy allowing more international investors to gain easy access to the local fund markets.
Deutsche Bank names new head of securities services for EMEA and elevates veteran to head of securities services global product management.