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Industry news

BNP2S Opens in Beijing


14 June 2010 Paris
Reporter:

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BNP Paribas Securities Services has recently opened in their latest location, Beijing, China. BNP Paribas Securities Services will leverage on its wealth of experience and expertise in Europe to offer Chinese institutional investors and sovereign wealth funds its comprehensive range of asset servicing and administrative solutions to enable their global investments across different asset classes. Following strategic new market openings in Singapore, Hong Kong and India over the last two years, the Beijing office is another important step in BNP Paribas Securities Services' strategy to serve clients in Asia both locally and globally.

Jing Zeng has been appointed as Head of BNP Paribas Securities Services China following two years of running the BNP Paribas Securities Service's Asia programme and brings with her a wealth of securities services experience in both China and Europe. She will report to Lawrence Au, the regional head of Asia and her team will be made up of relationship managers and business development professionals.

Patrick Colle, CEO of BNP Paribas Securities Services commented: "This is a very exciting step in our Asian expansion plans. With a 150-year presence in the region, China has always been a strategic location for the BNP Paribas Group. The Bank's strong commitment, long-standing experience and connectivity in China are the launch pad for our success in this market which holds significant investment opportunities for our clients. We remain committed to expanding our geographic presence and broadening our service offering around the world, creating the solutions our clients need to optimise their business opportunities."
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