Blair McPherson was appointed as regional head of global custody product. He previously spent 11 years at RBC Investor Services in a variety of roles including head of innovation and head of portfolio solutions and technical sales, market products. At BNP Paribas Securities Services, he will focus on the development of global custody products for the UK market. McPherson reports to Andy Butler, UK head of products and solutions for asset and fund services.
Paul Cocklin was appointed as product manager for global custody. Cocklin joins from JP Morgan, where he held a similar role. Prior to this, he spent 12 years at Northern Trust where he was a product manager in the treasury division. Cocklin will report to McPherson.
Mark Schoen was appointed as global head of solutions for the pensions, insurance and sovereign wealth segments. Schoen was previously head of product development for EMEA at Northern Trust. Prior to this, Schoen was head of asset servicing at SBC Warburg. Schoen will report to Philippe Tassin, global head of solutions for asset and fund services.
“I am delighted to welcome Blair, Paul and Mark to the team” commented Andy Butler, UK head of products and solutions for asset and fund services at BNP Paribas Securities Services. “All three of them have in-depth expertise of the asset servicing industry and new regulations affecting our clients. Their appointments reinforce our team and will enable us to continue to adapt our products to the changing needs of our clientele.”
In September 2014, BNP Paribas Securities Services won the awards for best fund services and best thought leadership paper at the 2014 Funds Services Awards organised by Investment Week. The bank was also highly commended in the best compliance and regulatory solution category for its AIFMD services.