Raccat to depart BNP Paribas Securities Services 11 October 2016Singapore Reporter: Stephanie Palmer
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David Raccat is leaving BNP Paribas Securities Services after 20 years, the custodian bank has confirmed.
Currently Raccat is global head of markets services, covering securities lending and foreign exchange, and also head of market and financing services (MFS) for the Asia Pacific (APAC) region. He will be leaving both positions.
Raccat joined BNP Paribas Securities Services in 1996 and has held several senior roles including head of global markets, global head of forex and business development for market and financing services, and global head of treasury.
He was appointed to the role of head of MFS APAC in 2014, adding to his responsibilities as head of global markets, a position he had held since 2011. He is currently based in Singapore.
In 2014, Raccat was also appointed to join the board of directors of the International Securities Lending Association.
It is not currently clear where Raccat is moving on to, or whether a replacement for the position has been found.
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