BNP Paribas Securities Services Appoints Hayes as Head Of UK, Middle East & South Africa

Former State Street veteran takes over as regional head to help drive the bank’s growth targets in UK, Middle East and South Africa.

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Patrick Hayes, Head of UK, Middle East and South Africa, BNP Paribas Securities Services.

The former State Street veteran will join BNP Paribas SS at the end of June to replace the outgoing James McAleenan, who is retiring. Hayes will report directly to José Placido, global head of client development at BNP Paribas SS, and will be based in London.

Hayes occupied a number of positions during a 25-year tenure at State Street including head of global markets operations and senior roles leading fund accounting and operational teams, and most recently as managing director of international fund services Europe for the Boston-based bank.

"Patrick is a securities services industry specialist with a long and distinguished track record," said Placido in a statement. "He joins us at an exciting time as we continue to grow our market share and capitalize on a strong momentum, in the UK in particular."

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