BNP Paribas Securities Services has appointed Patrick Hayes as head of the UK, the Middle East and South Africa.
Hayes will take up his new role, based in London, at the end of June, and will take over from James McAleenan, who is retiring.
Hayes joins from State Street, where he was managing director of international fund services for Europe. He spent almost 25 years at State Street, in various positions including head of global markets operations, and leading accounting and operations teams.
From 2005 to 2007, however, he worked at Northern Trust as head of global relationship management for global fund services.
In his new role, Hayes will report to José Placido, global head of client development at BNP Paribas Securities Services.
Placido said: “I am delighted to welcome Patrick Hayes to BNP Paribas. [He] is a securities services industry specialist with a long and distinguished track record. He joins us at an exciting time as we continue to grow our market share and capitalise on a strong momentum, in the UK in particular.”
“I would like to thank James McAleenan for his contribution to the growth of BNP Paribas Securities Services and for helping us build our institutional client base.’’
