Hayes was previously the Managing Director of International Fund Services Europe for State Street, based in Ireland. He spent more than 25 years at State Street in a variety of roles including Head of Global Markets Operations and in senior roles leading fund accounting and operational teams. Hayes also spent two years as Head of Global Relationship Management for Global Fund Services clients at Northern Trust before going back to State Street in 2007.
Hayes will lead the BNP Paribas Securities Services’ teams in the UK, Middle East and South Africa and be responsible for helping the bank achieve its growth targets in these locations.
José Placido, Global Head of Client Development at BNP Paribas Securities Services, said:
“I am delighted to welcome Patrick to BNP Paribas. Patrick is a securities services industry specialist with a long and distinguished track record. He joins us at an exciting time as we continue to grow our market share and capitalise on a strong momentum, in the UK in particular.
“I would like to thank James for his contribution to the growth of BNP Paribas Securities Services and for helping us build our institutional client base.’’
Hayes will join BNP Paribas Securities Services at the end of June. He will be based in London and will report to José Placido.