Société Générale has announced major changes at the senior management level. David Abitbol, who has led SGSS since 2019, is appointed head of global transaction & payment services, effective July 1, 2023, replacing Alexandre Maymat, who becomes head of group inspection & audit. Arnaud Jacquemin is appointed head of securities services, replacing David Abitbol. His…
Category: Bank Providers
Citi bolsters DD&I senior management team
Karolina Belwal has joined Citi’s securities services business as the new global head of strategy and product development for data, digital and innovation. She will be responsible for driving the broader data, digital and innovation strategic portfolio and executing on the target-state vision. She joins from health-tech startup, Phoebe, where she was chief product officer.…
BNY Mellon to establish digital R&D hub
BNY Mellon is to establish a digital R&D hub in Dublin that will drive innovation in the areas of AI, ML, and data analytics. The development includes an initial EUR8m (USD8.5m) investment, with support from IDA Ireland. The investment will also lead to a more than doubling of the digital team in Dublin and the…
BNPP appoints new head of France & Belgium
BNP Paribas has appointed Pauline Bernard as regional head of France & Belgium for its securities services business. She succeeds Pierre Jond, following his decision to pursue new opportunities outside the bank. Bernard was head of sales for institutional investors for Continental Europe, in addition to her role as head of client development for France…
SGSS appoints Italy chief
Société Générale Securities Services (SGSS) has appointed Valeria Dal Corso as CEO and country head of its Italy business. She replaces Roberto Pecora, who was recently appointed CEO of Euronext Clearing. Dal Corso has been with SGSS for more than 17 years, and is currently deputy general manager.
Apex appoints group president
Apex has appointed Samir Pandiri to the newly created role of group president and member of the executive committee. Reporting to founder & CEO, Peter Hughes, Pandiri will be responsible for overseeing functions including operations, technology product innovation, risk and human resources. He joins from Broadridge, where he was most recently responsible for post-trade technology,…
Female majority on SG’s new ExCo
The new CEO of Société Générale, Slawomir Krupa, has appointed a new ExCo, which is comprised of 13 senior managers. Of these, seven are women. Compare this with, say, State Street, which has adopted a high profile over its commitment to the DE&I agenda. Its 11-member ExCo is comprised of nine men and just two…
BNPP appoints FI&C co-heads in APAC
BNP Paribas’s securities services business has appointed Hugues Williamson and Mark Wootton as co-heads of the financial intermediaries & corporates (FI&C) client line in Asia Pacific. Williamson will be responsible for the FI&C client strategy in North Asia and Greater China and the primary contact for broker dealing outsourcing, correspondent banking, cash management and liquidity…
BNY Mellon expands liquidity options
BNY Mellon has expanded LiquidityDirect, its short-term investment platform, to incorporate access to mutual funds, enhanced focused investing options, interest-bearing demand deposit accounts and sponsored cleared repo sweep capabilities. These new options provide a platform for leveraging more than 100 investment vehicles. The expansion covers integration with SAP‘s Treasury Management workstation, creating efficiencies for self-directed…
BBH hires ETF veteran from Vanguard
Brown Brothers Harriman has hired Tim Huver to join its ETF team. In this role, Huver is responsible for executing the firm’s ETF servicing growth strategy in the U.S. by fostering new client relationships and providing consultative services to help managers build a comprehensive ETF operating model. Huver joins BBH from Vanguard, where his 23-year…