Global custodian BNP Paribas Securities Services has appointed Franck Dubois as regional head of Asia Pacific, effective 1 September, 2020.
Dubois had held senior roles within the bank’s corporate and institutional banking (CIB) and securities services businesses in Asia Pacific and Europe, and was most recently head of France and Belgium for the securities services.
In his new role, he would continue to expand the BNP Paribas Securities Services’ business in Asia Pacific, where it had achieved an average yearly increase of over 18% in assets under custody over the last six years.
Paul Yang, BNP Parisbas CIB Asia Pacific chief executive, said Dubois’ industry knowledge would help the business grow for clients across the Asia Pacific region.
“Franck brings with him direct experience from our biggest markets in Europe, as well as knowledge of the local environment having previously worked in Hong Kong,” Yang said.
Alessandro Gioffreda, BNP Paribas global head of territory management, said Dubois brought a wealth of client and operations experience to the role, which would be in charge of one of the firm’s fastest-growing regions.
“Under his leadership, we intend to continue to grow our business in Asia Pacific, positioning ourselves as a long-term partner to our clients and accompanying them in their domestic and international development,” Gioffreda said.
Dubois will be based in Hong Kong and will report regionally to Yang and globally to Gioffreda.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
Bravura CEO Andrew Russell has announced he will be stepping down from the company, just under two years after his appointment.
The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.
The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.