BNP Paribas Securities Services has appointed Daniel Cheever as Head of Securities Services for Australia and New Zealand with immediate effect.
In this role, Daniel will continue to build on the success of the bank’s securities services business in the region and to support its strong institutional client base with services to help them adapt to technology and regulatory change.
Daniel joins from State Street where he has held several senior roles and was most recently Head of Global Services for Australia. He has 24 years of industry experience, bringing deep operational knowledge and insights to the role.
Daniel is based in Sydney and reports to Franck Dubois, Head of Securities Services Asia Pacific at BNP Paribas, and Karine Delvallée, CEO of BNP Paribas Australia and New Zealand.
Franck Dubois, Head of Securities Services Asia Pacific at BNP Paribas, said: “I’m delighted to announce Daniel’s appointment to lead us into our next phase of growth. Australia and New Zealand are very strong and important markets for BNP Paribas. We are leading providers to the local superannuation and asset management industry and have been rapidly growing our banks and brokers client base. This is an exciting period as we are at the forefront of several exciting blockchain and data custodian innovations being led from Australia.”
Daniel graduated with a Bachelor of Commerce and a Bachelor of Engineering from The University of Sydney.
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About BNP Paribas Securities Services (securities.cib.bnpparibas)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions for buy and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
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BNP Paribas Securities Services is incorporated in France as a Partnership Limited by Shares and is authorised and supervised by the European Central Bank (ECB), the ACPR (Autorité de Contrôle Prudentiel et de Résolution) and the AMF (Autorité des Marchés Financiers). In anticipation of the intragroup merger of BNP Paribas Securities Services with its parent company BNP Paribas SA, BNP Paribas Securities Services’ banking licence is being withdrawn. The licence remains fully in force until the effective date of the merger, on 1 October 2022.
In the UK, BNP Paribas Securities Services is authorised and regulated by the European Central Bank and the Autorité de Contrôle Prudentiel et de Résolution. Deemed authorised by the Prudential Regulation Authority and with deemed variation of permission. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. In anticipation of the intragroup merger of BNP Paribas Securities Services with its parent company BNP Paribas SA, BNP Paribas Securities Services has applied to cancel its UK authorisation. BNP Paribas Securities Services London Branch is registered in the UK under number FC023666. UK establishment number: BR006393. UK establishment office address: 10 Harewood Avenue, London NW1 6AA.
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