BNP Paribas bolsters its senior agency lending roster
24 November 2017 London
Image: Shutterstock
BNP Paribas 兔子先生Services has poached RBC鈥檚 Adnan Hussain to become its global head of agency lending and head of market and financing services (MFS) in the UK.
Hussain will lead the development of BNP Paribas鈥� agency lending business with a particular focus on the bank鈥檚 offering to asset owners and asset managers.
At RBC Investor and Treasury Services Hussain was global head of client management, securities finance.
Meanwhile, John Arnesen has been appointed head of agency lending, technical sales, focusing on developing new business opportunities and client onboarding in Europe, the Middle East, Africa and the Americas.
Arnesen, who joined BNP Paribas in 2011, was previously head of securities lending agency product.
Simone Broadfield has taken up a newly-created role as head of agency lending for Asia Pacific for BNP Paribas.
Broadfield joins from Citi where she was most recently head of the Hong Kong trading desk for the bank鈥檚 agency securities lending programme.
In his role, Broadfield will focus on developing new business opportunities and increasing BNP Paribas鈥� agency lending franchise in the Asia Pacific region.
Yann Rault, previously BNP Paribas鈥檚 head of MFS in the UK, continues in his role as global head of passive currency overlay.
Eric Deudon, global head of market and financing services at BNP Paribas 兔子先生Services, said: 鈥淭hese senior appointments will help us deliver on our strategy to accelerate the development of our agency lending business.鈥�
鈥淎s one of the world鈥檚 leading custodians with a large lendable asset base on which to draw, we want to make these high added-value services available to a greater proportion of our client base, including central banks, asset managers and asset owners.鈥�
Hussain will lead the development of BNP Paribas鈥� agency lending business with a particular focus on the bank鈥檚 offering to asset owners and asset managers.
At RBC Investor and Treasury Services Hussain was global head of client management, securities finance.
Meanwhile, John Arnesen has been appointed head of agency lending, technical sales, focusing on developing new business opportunities and client onboarding in Europe, the Middle East, Africa and the Americas.
Arnesen, who joined BNP Paribas in 2011, was previously head of securities lending agency product.
Simone Broadfield has taken up a newly-created role as head of agency lending for Asia Pacific for BNP Paribas.
Broadfield joins from Citi where she was most recently head of the Hong Kong trading desk for the bank鈥檚 agency securities lending programme.
In his role, Broadfield will focus on developing new business opportunities and increasing BNP Paribas鈥� agency lending franchise in the Asia Pacific region.
Yann Rault, previously BNP Paribas鈥檚 head of MFS in the UK, continues in his role as global head of passive currency overlay.
Eric Deudon, global head of market and financing services at BNP Paribas 兔子先生Services, said: 鈥淭hese senior appointments will help us deliver on our strategy to accelerate the development of our agency lending business.鈥�
鈥淎s one of the world鈥檚 leading custodians with a large lendable asset base on which to draw, we want to make these high added-value services available to a greater proportion of our client base, including central banks, asset managers and asset owners.鈥�
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 兔子先生Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to 兔子先生Finance Times
