BNP Paribas shake things up down under
10 July 2013 London
Image: Shutterstock
Pierre Jond, the managing director of BNP Paribas Securities Services in Australia and New Zealand, will return to Paris in December 2013 after four years in his current role.
Peter Baker, the current head of client strategy and communication, has been announced as his successor, and will officially take over the role at the end of 2013.
In addition, Michelle Crosbie has taken on the role of new COO for Australia and New Zealand.
Jond was appointed at the start of a significant building phase for the business. During his tenure, the Australian location has obtained its banking licence, moved onto a global custody system in line with BNP Paribas’s global model and started listed derivatives clearing.
During this time, Australia became one of 25 BNP Paribas locations to offer local custody to overseas clients.
Jond also saw through the successful completion of the joint-migration project with AMP and the on-boarding of more than AUD$100 billion of assets under custody in a single year in 2012.
Baker was recruited to the company 18 months ago. He brings more than 25 years experience to the role, gained most recently at State Street Investor Services as a managing director for numerous locations.
Crosbie has taken on the role of COO of BNP Paribas Securities Services in Australia and New Zealand. He is a New Zealand national and has more than 25 years local experience, having held roles as head of operations at J.P. Morgan Worldwide Securities Services and head of relationship management for NAS.
She has been with BNP Paribas for the last five years, as COO for securities services based in London.
Peter Baker, the current head of client strategy and communication, has been announced as his successor, and will officially take over the role at the end of 2013.
In addition, Michelle Crosbie has taken on the role of new COO for Australia and New Zealand.
Jond was appointed at the start of a significant building phase for the business. During his tenure, the Australian location has obtained its banking licence, moved onto a global custody system in line with BNP Paribas’s global model and started listed derivatives clearing.
During this time, Australia became one of 25 BNP Paribas locations to offer local custody to overseas clients.
Jond also saw through the successful completion of the joint-migration project with AMP and the on-boarding of more than AUD$100 billion of assets under custody in a single year in 2012.
Baker was recruited to the company 18 months ago. He brings more than 25 years experience to the role, gained most recently at State Street Investor Services as a managing director for numerous locations.
Crosbie has taken on the role of COO of BNP Paribas Securities Services in Australia and New Zealand. He is a New Zealand national and has more than 25 years local experience, having held roles as head of operations at J.P. Morgan Worldwide Securities Services and head of relationship management for NAS.
She has been with BNP Paribas for the last five years, as COO for securities services based in London.
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