Thorsten joins BNP Paribas Securities Services from PwC, where he has been a partner since 2010, leading the professional services firm’s asset and wealth management sector in Germany and its consulting business in asset and wealth management across EMEA.
Thorsten will be responsible for leading the development of the BNP Paribas Securities Services franchise in Germany and Austria and will head the experienced and successful team located in Frankfurt. BNP Paribas has been the market-leading depositary bank in Germany since 2012 and has been expanding rapidly in the country in recent years.
Patrick Colle, General Manager of BNP Paribas Securities Services, said:
“I am delighted to welcome Thorsten to BNP Paribas. His in-depth knowledge of the capital markets and asset management in particular positions us well for further expansion in Germany and Austria, where we have ambitious growth plans.”
Thorsten will be based in Frankfurt and will report to Alessandro Gioffreda, Head of Continental Europe for BNP Paribas Securities Services, and locally to Lutz Diederichs, Chairman of the BNP Paribas Group Management Board Germany.
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About BNP Paribas Securities Services (www.securities.bnpparibas.com)
BNP Paribas Securities Services, a wholly owned subsidiary of the BNP Paribas Group, is a leading global custodian and securities services provider. Backed by the strength of the BNP Paribas Group, we provide multi-asset post-trade and asset servicing solutions to buy and sell-side market participants, corporates and issuers. With local expertise in 36 countries and a global reach covering 90+ markets, our network is one of the most extensive in the industry, enabling clients to maximise their investment opportunities worldwide.
About BNP Paribas Securities Services (www.bnpparibas.de)
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 198,000 employees, including almost 150,000 in Europe. The BNP Paribas Group has been active in Germany since 1947 and has successfully positioned itself on the market with thirteen companies. Private customers, companies and institutions are looked after by roughly 5,300 employees in all relevant economic regions all over the country. The wide-ranging products and services offered by BNP Paribas are that of an innovative universal bank.