BNP Paribas has announced the appointment of a newly created role for its securities services business in Australia and New Zealand.

Philippe Kerdoncuff has been appointed as head of asset owners and asset managers client lines for Australia and New Zealand in BNP Paribas’ securities services business, according to a statement, effective immediately.  

In the newly created role, Kerdoncuff is based in Sydney and reports to head of Australia and New Zealand Daniel Cheever as well as Philippe Tassin, APAC regional head of asset owners and asset managers client lines, securities services.

Kerdoncuff joined BNP Paribas in 2001 and was most recently head of China where he oversaw the development of the bank’s securities services business over the last six years in Shanghai. Prior to that, he held other senior roles at the French bank in Europe and the US.