BNP Paribas Securities Services appoints Dennis Bon as Head of Americas

BNP Paribas Securities Services, a global custodian with USD 10.6 trillion in assets under custody[1], has appointed Dennis Bon as Head of its Americas region, effective 1 September 2020

BNP Paribas Securities Services, a global custodian with USD 10.6 trillion in assets under custody[1], has appointed Dennis Bon as Head of its Americas region, effective 1 September 2020.

In this role, Dennis Bon will be responsible for driving the bank’s growth in North and Latin America and continuing to develop its service capabilities in the region.

The Americas is a key growth region for BNP Paribas Securities Services, where the bank serves both local and international clients.

BNP Paribas Securities Services has rapidly expanded its presence in the Americas in the past ten years, launching local custody in the United States, Brazil, Colombia and Peru and most recently starting operations in Mexico. The bank is a top 10 mutual fund administrator in the United States[2].

Alessandro Gioffreda, Head of Territory Management at BNP Paribas Securities Services, said:

“We are delighted to welcome Dennis to his new role. His many years of strategic and business management expertise in the securities services industry will be a great asset to lead this fast-growing region.”

Dennis was previously Head of Depositary and Fiduciary Services at BNP Paribas Securities Services, based in Paris. He joined the bank in 2018 from J.P. Morgan’s Corporate and Investment Bank division, where he spent 17 years in several senior executive positions in London and New York.

Dennis will be based in New York and will report to Alessandro Gioffreda.

Dennis replaces Claudine Gallagher, who has been appointed Chief Conduct and Controls Officer for CIB Americas and BNP Paribas USA.

[1] As at 31 March 2020. Source: BNP Paribas Securities Services

[2] Source: 2020 Mutual Fund Service Guide, full-service provider, 40’Act open-end mutual fund category

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Press Contact:

Caroline Lumley  caroline.lumley@uk.bnpparibas.com  +44 (0)20 7410 4650

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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 local expertise in 35 countries and 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.