BNP Paribas expands APAC presence with new appointment

BNP Paribas has appointed Gary O'Brien as head of financial intermediaries and corporates (FI&C) client line for securities services in Asia Pacific, effective immediately.

Based in Australia, O'Brien will report to Franck Dubois, head of Asia Pacific for securities services at BNP Paribas.

O'Brien brings more than 20 years' experience at BNP Paribas, having started his career in 2005 within the bank's Australian securities services business.

He later headed custody and clearing product for Asia Pacific from Hong Kong SAR, before taking charge of the banks and brokers segment globally and the FI&C client line for the UK and Middle East.

"With his deep regional knowledge, strong relationships with global partners, and proven track record in delivering complex, market-focused solutions, Gary is well positioned to lead the FI&C client line in Asia Pacific for BNP Paribas' Securities Services business and further strengthen its presence in the region," BNP Paribas said.

"The appointment demonstrates BNP Paribas' ongoing commitment to expanding its securities services business in Asia Pacific, driving growth in the region, and delivering tailored solutions to clients."

Earlier this month Janus Henderson awarded a long-term strategic mandate with BNP Paribas' Security Services to provide a wide range of fund and market and financing services across Australia, the UK, France and Luxembourg.

The mandate is an extension of BNP Paribas' relationship with Janus Henderson and will leverage the bank's capabilities, including those of its Global Markets business, to support Janus Henderson's strategic ambitions.

BNP Paribas said after a competitive tender process, it was appointed to help enhance operational efficiencies across regions, and to support Janus Henderson's front-to-back target operating model transformation.