BNP Paribas Securities Services today announced it has appointed Akshay Thakurdesai as Head of India.
In this role, Mr Thakurdesai is responsible for leading the BNP Paribas Securities Services team in India and for developing new business opportunities for its India franchise. BNP Paribas Securities Services India offers asset servicing as well as third party clearing and settlement services aimed at local financial institutions. The bank also acts as a local custodian to foreign investors investing in the country.
Mr Thakurdesai joined the bank in 2006, holding various senior management roles including Chief Operating Officer of BNP Paribas Securities Services India and more recently COO of BNP Paribas India’s brokerage business.
Mr Thakurdesai will report to Franck Dubois, Head of BNP Paribas Securities Services Asia Pacific, and Sanjay Singh, Deputy CEO, India Branches at BNP Paribas.
Mr Dubois said:
“I am delighted to announce this new appointment. India is a growing market, where we service both domestic and foreign institutions. Akshay’s in-depth knowledge of the Indian market stands us in good stead to continue to develop our offering in the country.”
Mr Thakurdesai replaces Christophe Beelaerts, who has been appointed Asia Pacific Senior Sales Specialist, based in Luxembourg, promoting BNP Paribas’ Asia Pacific products and solutions in EMEA and the U.S.
Caroline Lumley firstname.lastname@example.org +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 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.