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BNP Paribas hires ex-RBC IS CEO
10 April 2014
The custody bank announces two senior appointments
BNP Paribas Securities Services
Former RBC Investor Services CEO José Placido will
become the new global head of sales and relationship management
at BNP Paribas Securities Services from January 2015.
In the meantime he will join the custody bank’s
executive committee on April 22 and will co-lead sales and
relationship management with current head of client development
Patrick Colle, general manager of BNP Paribas Securities
Services, said: "I am delighted to welcome José to BNP
Paribas. José has an outstanding track record in our
industry for implementing a growth agenda and driving
performance. He joins at an important time for our business,
which is growing rapidly around the world."
Placido will focus on strategic sales planning and the heads of
the global client segments will report to him. He will be based
in London and will report to Patrick Colle, general
Placido left RBC Investor Services last April after being its
CEO for seven years. He led the RBC Dexia Investor Services
joint venture. He had previously worked for RBC Royal Bank
where he was held roles including executive vice president of
RBC Global Services, and senior vice president of RBC Global
Cock will become vice chairman international, a new senior
client executive role focused on key client relationships. In
the meantime he will have direct responsibility for the client
development team globally.
Colle said: "Charles has done an outstanding job as head of
client development and will now be instrumental in fostering
new senior relationships with our customers. These appointments
position us well for future growth, and the transition period
will ensure a smooth handover."
Cock joined the group when Paribas bought the JPMorgan European
clearing and custody network in 1995 and has since been in
charge of sales and relationship management.