BNP Paribas Securities Services (BNP PSS) has appointed a former National Custodian Services senior relationship manager to its own relationship management ranks.

Longstanding NCS employee Nick Marinis finished with the National Australia Bank-owned custodian last week after about 15 years there. He was one of six senior relationship managers. He has been appointed a relationship manager with BNP PSS, not long after a former NCS colleague, Anne Szwarc, was also appointed to be a relationship manager with the French bank-owned custodian. Szwarc left her position as one of 50 relationship managers at NCS – where she had been for eight years – about eight months ago. NCS director of marketing and strategy Patrick Liddy said Marinis was likely to be replaced by one of the relationship managers working within his four-strong team. “They have all had exposure to the clients so they should be able to pick them up quite easily. But that’s not to say that we weren’t sorry to see Nick go,” Liddy said. Szwarc was replaced internally by someone who had worked on the same accounts as her, Louise Ryan. BNP Paribas head of sales and relationship management Ken Shaw said both hires were because of a restructure within the sales and relationship teams to “focus more on building expertise for specific client segments…Both Nick and Anne will bring vast knowledge and experience in the custody sector to our Melbourne-based clients,” he said. They both report to the head of asset owner client segment Jane Toohey, who recently joined BNP PSS in Australia from ABN Amro Mellon Global Securities Services in London.

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