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18 September 2013
London
Reporter Jenna Jones

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BNP Paribas boosts securities services in APAC region

BNP Paribas has made several key appointments to strengthen its securities services franchise in Asia Pacific.

Mostapha Tahiri has been promoted to 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.

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.

Jonathan Xie has joined as head of asset custody, BNP Paribas (China). Xie brings experience in investment management and investment banking, with extensive experience working with Chinese and international financial institutions.

Most recently, Xie was deputy head of Haitong International Asset Management based in Hong Kong.

Angely Yip has joined the firm as sales director for North Asia (ex-Japan), based in Hong Kong. Yip is an asset servicing specialist with more than 17 years experience in roles encompassing operations, client servicing, relationship management and sales.

Before joining BNP Paribas, Yip held various senior positions at asset servicing firms including Clearstream, JP Morgan and most recently, Citibank.

Finally Yuki Teshima has joined BNP Paribas’ Tokyo branch as a senior relationship manager.

Prior to joining BNP Paribas, Teshima held relationship management roles at Brown Brothers Harriman and BNY Mellon.

Lawrence Au, head of BNP Paribas Securities Services in Asia Pacific, 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.”

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