BNP Paribas Securities Services has appointed Stephanie Marelle as head of Hong Kong. She has replaced Bruno Campenon who has relocated to New York to become head of clearing and custody services/corporate trust services for the Americas.
She will be responsible for client relationships and service delivery for Hong Kong clients in addition to heading up clearing and custody services/corporate trust services in Asia Pacific.
Marelle joined the clearing and custody business of JP Morgan in 1993, which was acquired by BNP Paribas in 1995. Since then she has worked in Paris, London, Frankfurt and Hong Kong.
In addition, Singapore-based David Raccat has taken on the job of head of market and financing services for the Asia Pacific region, in addition to his current role as head of global markets at the firm. The marketing and financing services line offers principal and agency lending, foreign exchange, collateral management and outsourced dealing services.