French bank BNP Paribas has bolstered its asset servicing team in Australasia with a newly created role. Philippe Kerdoncuff has been appointed head of asset owners and asset managers’ client lines for Australia and New Zealand. He will be responsible for product development for local asset owners and managers. Based in Sydney, Kerdoncuff will report to Daniel Cheever, head of Australia and New Zealand and Philippe Tassin, Asia Pacific regional head of asset owners and asset managers client lines, securities services. Kerdoncuff joined BNP Paribas in 2001 and was most recently head of China, where he was responsible for developing the firm’s securities services business. © 2023 funds global asia