BNP Paribas’s Securities Services business has appointed Hugues Williamson and Mark Wootton as Co-Heads of the Financial Intermediaries & Corporates (FI&C) Client Line in Asia Pacific (APAC) with immediate effect.
The appointments are in response to strong growth of the APAC Securities Services business of BNP Paribas in recent years and will focus on delivering and growing the FI&C Client Line strategy, initiatives and franchise within the region.
In their respective roles, Hugues and Mark will drive the strategy, product management and solutions implementation for the FI&C Client Line in APAC.
Hugues will be responsible for the Financial Intermediaries & Corporates client strategy in North Asia and Greater China and the primary contact for Broker Dealing Outsourcing, Correspondent Banking, Cash Management and Liquidity Solutions, Execution to Custody and Third Party Clearing. Mark will cover South Asia and Pacific regions with the primary responsibility for Derivatives & Execution Clearing, Digital, Global Custody and Local Custody topics.
Hugues and Mark will jointly report to Franck Dubois, Head of Asia Pacific for Securities Services, and to Bruno Campenon, Global Head of Financial Intermediaries & Corporates Client Line. Hughes remains located in Hong Kong and Mark in Sydney.
Hugues joined BNP Paribas in 1999 in Paris and moved to APAC in 2008 to launch the Securities Services business of BNP Paribas in Hong Kong. He has held several roles since then, including Chief Operating Officer for Securities Services in Hong Kong, Head of Banking Services Operations, APAC, and recently Deputy Head of FI&C Client Line, APAC.
Mark has more than 25 years’ experience in Fund Administration, Investment Management, Stockbroking and the Securities Services industry. He was previously Regional Head of Local Custody and Clearing Product, APAC.
Bruno Campenon, Global Head of Financial Intermediaries and Corporates Client Line for Securities Services at BNP Paribas, said: “Hugues and Mark bring extensive operational and client knowledge, putting us in a strong position to continue to grow our Financial Intermediaries & Corporates offering in APAC – which is a key region for the bank’s Securities Services business.”
Franck Dubois, Head of Asia Pacific for Securities Services at BNP Paribas, said: “Hugues and Mark bring a wealth of knowledge and expertise and they will continue to strengthen the Financial Intermediaries & Corporates strategy in APAC. We have been investing steadily in this space in recent years, bolstering our offering to our clients.”
About Securities Services at BNP Paribas
BNP Paribas’ Securities Services business is a leading global custodian providing multi-asset post-trade and asset servicing solutions to buy-side and sell-side market participants, corporates and issuers. With a global reach covering 90+ markets, its custody network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide. As a pillar of BNP Paribas’ diversified banking model, Securities Services provides asset servicing solutions that are closely integrated with the first-class services of the Group’s other business lines, in particular those of Global Banking and Global Markets. As of 31 March 2023, Securities Services had USD 13.0 trillion in assets under custody, USD 2.7 trillion in assets under administration and 9,355 funds administered.
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