BNP Paribas Securities Services, a global custodian with over USD 8 trillion in assets under custody, has announced two senior appointments.
Until then, Placido will co-head sales and relationship management with Charles Cock, the current head of client development. During this time, he will focus on strategic sales planning with the heads of the global client segments reporting to him.
Jose Placido was previously CEO of RBC Dexia and has over 25 years' experience in the securities services industry. He became CEO of RBC Investor Services in 2006 and was the primary architect and Leader of the RBC Dexia Investor Services joint venture, Leading the rapid growth of the business. Prior to this, he held key positions at RBC, including managing director of its UK office, becoming senior vice president of RBC Global Services in 2001 and executive vice president in 2003.
Placido will be based in London and will report to Patrick Colle, general manager.
Charles Cock, current head of client development and a senior member of BNP Paribas Securities Services' executive committee, will from 01 January 2015 become vice chairman - international a new senior client executive role focused on key customer relationships.
Until then, Cock will co-head sales and relationship management activities with Placido, retaining direct responsibility for the client development teams across the bank's 34 Locations around the world.
Cock joined the group in 1995 when Paribas bought the JP Morgan European clearing and custody network. He has been in charge of sales and relationship management ever since, playing an important role in the bank's successful growth over the years.
Patrick Colle, general manager of BNP Paribas Securities Services, said, 'I am delighted to welcome Jose to BN P Pari bas. Jose 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'.
'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'.