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BNP Paribas appoints Friess and Durif
10 July 2023 EU
Reporter: Jamie Richards

Image: BNP Paribas
BNP Paribas’ securities services business has appointed Jean-Marc Friess and Thomas Durif as joint heads of its data and digital services department.

Friess has been appointed chief digital services officer for securities services. In this role, he will continue to lead the securities services digital channels and services roadmap.

Friess will also take the lead on the business’ cognitive centre, which includes client portal Neolink and BNP Paribas’ AI-powered virtual agent NextGen Online Assistant (NOA).

Durif has been selected as chief data officer for securities services, wherein he will lead corporate data strategy and take charge of developing the firm’s next-generation data infrastructure.

Friess most recently worked as head of FX payments for global markets. He has worked at BNP Paribas since joining as general manager of e-business and direct sales in 2006. He began his career as a consultant in 1995, before switching to marketing and business development.

Durif has spent his entire 20-year-long career at BNP Paribas in the fund services sector, most recently working as global head of depositary and fiduciary services. He graduated from CentraleSupélec as a software engineer in 2002.

The pair’s appointments follow the appointment of Phillipe Ruault as CEO of fintech SLIB, which is majority owned by BNP Paribas. Ruault was previously head of data and digital transformation for BNP Paribas’ securities services.

Both Friess and Durif are based in France and will report to Lydie Valesse, general secretary and head of company engagement for securities services.

Commenting on the appointments, Valesse says: “Spearheading digitalisation is a priority that shapes securities services’ development and innovation strategy. Jean-Marc and Thomas’s complementary and extensive expertise will be instrumental in providing our clients with superior data management and innovative data services.”
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