News

BNP Paribas Securities Services unveils APAC chief

Mostapha Tahiri has been unveiled as the next head of Asia Pacific for BNP Paribas Securities Services, effective from February 1, 2019. Tahiri is tasked with growing the firm’s business in the Asia Pacific region, “where it has more than tripled its assets under custody over the past five years,” BNP Paribas Securities Services said in a statement. A unit of BNP Paribas Group, the multi-asset servicing specialist claims to employ more than 2,800 people in the region including Australia, China, Hong Kong, India, Japan, Malaysia, New Zealand and Singapore. Tahiri will succeed Philippe Benoit, who will relocate to Paris in his new position as head of strategic business development and transformation. Benoit will report to Patrick Colle, general manager of the global custodian and securities services provider.  Tahiri was previously the head of institutional investors and head of digital transformation for Asia Pacific. He will be based in Singapore when he takes up the new role and will report to Jose Placido, the global head of client development for BNP Paribas Securities Services and Eric Raynaud, a member of the BNP Paribas Group executive committee and chief executive officer for Asia Pacific. ©2019 funds global asia

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