BNP Paribas Securities Services, a leading global custodian, has appointed Simon Olenka as Regional Head of the UK and Middle East, effective 1 April 2020. Simon succeeds Patrick Hayes, who has been appointed Global Head of Alternative Investors.
A securities services industry expert with 30 years’ experience, Simon Olenka joined BNP Paribas in 2018 as UK Head of Client Delivery, a role spanning IT, operations and change management. In his new role, Simon will lead the Securities Services’ teams in the UK and the Middle East and be responsible for helping the bank meet its growth targets in these markets. Simon is based in London and will report to Anne Marie Verstraeten, BNP Paribas UK Country Head, and Alessandro Gioffreda, Global Head of Territory Management at BNP Paribas Securities Services.
Patrick Hayes has been promoted to Global Head of Alternative Investors, a fast-growing client line dedicated to hedge funds and private capital investors. Patrick joined BNP Paribas as regional head in 2016 after a 25-year career at State Street. He will be based in Dublin and report to Philippe Benoît, Global Head of Strategic Business Development and Transformation.
Alessandro Gioffreda, Global Head of Territory Management at BNP Paribas Securities Services, said:
“Simon brings extensive operational and client knowledge to the role, putting us in a strong position to continue to grow our business in the UK – which is a key location for BNP Paribas – and in the Middle East.”
Philippe Benoît, Global Head of Strategic Business Development and Transformation, said:
“Patrick takes the helm of our fast-growing alternative investors client line at an exciting time for the business. We have been investing steadily in this space in recent years, bolstering our offering to private capital and hedge fund clients. Under Patrick’s leadership, our teams will continue to enhance our one-stop-shop offering and joint solutions with the rest of the BNP Paribas Group for the benefit of our clients.”
Press Contact:
Caroline Lumley caroline.lumley@uk.bnpparibas.com +44 (0)20 7410 4650
BNP Paribas Securities Services on Twitter – @BNPP2S
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.