David Banks has been appointed global head of depository & fiduciary solutions for the securities services business of BNP Paribas, based in Paris. Banks joined BNP Paribas in 2019 and was previously acting head of the securities services business in Australia & New Zealand.
Year: 2024
True Potential for Northern Trust
Northern Trust has been appointed to provide asset servicing services to True Potential, a UK-based wealth management firm, supporting GBP26bn (USD33bn) of AuM. Northern Trust is providing fund accounting, custody, depositary and transfer agency services to True Potential’s OEIC UK-domiciled fund range. This range supports all True Potential’s investment products and assets under management.
Broadridge hires GTO chief for Canada
Broadridge Financial Solutions has appointed Chad Alderson as general manager, global technology & operations, Canada. He succeeds Karin Yorfido, who was recently appointed president of Broadridge Canada. Alderson joins from TD Bank Group, where he was vice president, end to end customer journeys and strategy and enablement.
Montis hires Bosquet in Lux
Montis, the dFMI fintech owned by Archax, has hired Mark Bosquet as chief risk & compliance officer, based in Luxembourg. Subject to regulatory approval, Bosquet will take on the role of conducting officer at Montis Digital SA. Bosquet has held senior positions in product development, risk and compliance at Clearstream and Deutsche Börse in Luxembourg…
STP appoints CRO
STP Investment Services, a U.S.-based administrator, has appointed Emmy Bernard as chief revenue officer. Bernard joins the executive committee and reports to CEO Dan Houlihan, overseeing sales, relationship management, marketing, and revenue operations. She was a partner and global head of marketing at ACA Group, which merged with Foreside Financial Group in 2022.
Pandiri leaves Apex
After less than a year in the post, Samir Pandiri has left Apex, where he was group president. He joined Apex in May 2023, taking responsibility for operations, technology product innovation, risk and human resources. Apex confirmed that he had left the company, but did not comment further on the circumstances of his departure. Pandiri…
Alchelyst appoints chair
Alchelyst, the recently licensed fund administrator based in Ireland, has appointed Barry Devereux as chair. He spent 25 years at McCann FitzGerald, a leading law firm.
IDR appoints commercial director
IDR, the private markets investor onboarding hub, has hired Roxane Fricou as commercial director. She will lead IDR’s sales growth in key markets, including the U.S., Europe and the UK, taking on responsibility for building the sales team internationally. She was previously an independent consultant after spending 12 years at IQ-EQ.
Altum hires Caspers for global role
Altum Group, a C.I.-based provider of fund and corporate administration solutions, has appointed Rolf Caspers as global head of capital markets and managing director in Luxembourg. Caspers was previously at Apex following its takeover of Sanne, where he spent 12 years.
Gen II partners with Canoe
Gen II Fund Services, a U.S.-based private capital fund administrator with >USD1trn AuA, has formed a partnership with Canoe Intelligence, the fintech supporting alternative investment intelligence for institutional investors, capital allocators, wealth managers, and asset servicing firms. Gen II will leverage Canoe’s technology to continue innovation in automating the receipt, retrieval, and document management of…