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January 13, 2009 -

BNP Paribas Securities Services announces appointment of Elizabeth Chia

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BNP Paribas Securities Services (‘BNP Paribas’) is pleased to announce the recruitment of Elizabeth Chia. Elizabeth joins the Singapore office in January 2009 as Senior Relationship Manager and will be in charge of Global Custody Solutions across the region; she will report to Arnaud Claudon, Co-Head of the ASEAN securities services business unit.

Elizabeth joins BNP Paribas from DBS Bank where she was managing director, heading GTS-Securities Services. She also held other key product and client management positions with Deutsche Bank Asia Pacific, based in Singapore, accumulating more than 25 years of fund administration and custody experience across multiple Asian markets.

Commenting on this appointment, Jean Marc Pasquet, Head of BNP Paribas Securities Services for Asia Pacific, said: “We are delighted to welcome Elizabeth to our regional team. Her wealth of experience within the asset servicing industry in Asia reinforces the bank’s ambition to provide its global and regional clients with market-leading solutions and support.”

This appointment takes place within BNP Paribas Securities Services strategic expansion in the Asia Pacific region. Present in this region since 2002, BNP Paribas Securities Services is now accelerating its development. Following the opening of new offices in Singapore in December 2007 and in India in 2008, the Hong Kong office will be up and running in 2009. The bank will continue to seek new opportunities to grow and enrich its range of services and products in Asia Pacific, and plans to be operational in 8 -10 key markets in the region by 2013, offering local client support and operations infrastructure.

About BNP Paribas
BNP Paribas is a European leader in global banking and financial services and is one of the 3 strongest banks in the world according to Standard & Poor’s. The group is present in over 85 countries, with more than 171,000 employees, including 131,000 in Europe. The group holds key positions in three major segments: Corporate and Investment Banking, Asset Management & Services and Retail Banking. Present throughout Europe in all of its business lines, the bank’s two domestic markets in retail banking are France and Italy. BNP Paribas also has a significant presence in the United States and strong positions in Asia and the emerging markets.

About BNP Paribas Securities Services
As a wholly owned subsidiary of BNP Paribas, BNP Paribas Securities Services is the world’s highest rated custody bank (Standard & Poor’s AA+). With €3.6 trillion assets under custody, €739 billion assets under administration and close to 6,000 funds administered, BNP Paribas Securities Services is the eurozone’s leading securities services provider.

Operating across the investment cycle, the Bank has a local presence across 25 countries and global coverage of over 100 markets, offering a one-stop shop for all asset classes, both onshore and offshore, across the globe.

Celine Castex, Group Communications, Paris +33(0)1 42 98 15 91
celine.castex@bnpparibas.com

Shani Halstead, Corporate Communications, London +44 (0)20 7595 2436
shani.halstead@uk.bnpparibas.com