BNP Paribas Securities Services (BNP PSS) is searching for a new co-head of operations, after Darren Booth resigned after six months in the role.

Booth previously ran operations and IT at Melbourne-based IOOF Investment Management. He joined Sydney-based BNP PSS on April 16, but had not relocated his family by the time he resigned last month. Greg Nichols has been appointed acting co-head of operations in the interim. “;Greg has a strong background in managing operations, having previously been head of operations for the Cogent business,”; said BNP PSS Asia-Pacific managing director, Jean-Marc Pasquet. He added that Nichols would retain his responsibilities as head of operational risk while local and global candidates were considered for Booth’s replacement. The other co-head of operation remains Sue Jorgensen, who oversees business change programs within BNP PSS.