BNP Paribas appoints Frédéric Pascal to head of markets and financing services
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BNP Paribas appoints Frédéric Pascal to head of markets and financing services 03 November 2021France Reporter: Carmella Haswell
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BNP Paribas Securities Services has appointed Frédéric Pascal to head of markets and financing services (MFS), effective 1 November.
Pascal will replace Eric Deudon, who held the position of head of markets and financing services for the past five years. Deudon will leave BNP Paribas Securities Services next year to pursue other opportunities, after more than three decades with the bank.
In this role, Pascal will be responsible for driving the growth of MFS products and services, including securities lending, foreign exchange services, triparty collateral management, and financing.
Pascal joined the bank in 1999 and has extensive experience within the financial and securities services industries, having held several senior management positions within the bank’s fixed income, structured products and strategy departments.
More recently, Pascal was responsible for BNP Paribas Securities Services’ finance and asset liability management and treasury departments.
Recent developments within MFS include the extension of principal lending to wealth managers, the development of reporting application for Automated FX and an investment in HQLAx, which uses blockchain to facilitate the exchange of collateral.
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