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BNP Paribas Securities Services opens in Colombia and Chile


16 March 2012 Colombia and Chile
Reporter: Georgina Lavers

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Image: Shutterstock
BNP Paribas Securities Services has opened new offices in Colombia and Chile, and acquired the relevant hires, as part of its expansion into Latin America.

The strategic move into Latin America was announced by chief executive of BNP Paribas Securities Services Patrick Colle last year. Colle said in February 2011 that he hoped to develop services for global clients, adding this year: "Launching our services in Colombia and Chile is a key milestone in realising that ambition." Colle also commented that BNP Paribas' experience with multi-country exchanges such as Euronext gave it a head start in the Latin American region.

Claudia Calder贸n formerly of Cititrust Colombia, has been appointed head of BNP Paribas' Colombia office. Emiliano Mart铆nez, joining from the BNP Paribas group鈥檚 asset management division, will oversee the bank鈥檚 business development efforts in Chile, reporting to Alvaro Camu帽as, regional manager for Spain, Portugal and Latin America.

鈥淲ith 15 years鈥 experience in developing solutions for bluechip South American clients, Claudia has a successful track record in helping global custodians and international brokers set up their operations in Colombia,鈥 Camu帽as said.

鈥淗er expertise, and Emiliano鈥檚 relationships with corporate and institutional investors in the region, are significant assets to us and will be key to developing our business in South America.鈥
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