BNP Paribas Securities Services is setting up an office in Singapore that the company says will complete the BNP Paribas service delivery capability on the ground in all major global time zones and regions. To reinforce BNP Paribas' presence and growth plans, Marcel Weicker (subject to the approval of the regulators) will be appointed head of location for the Singapore office reporting to Jean-Marc Pasquet, head of Asia Pacific. Mr Weicker joins BNP Paribas from RBC Dexia. Mr Pasquet said: “The launch of the Singapore office is a significant milestone in the continuous growth of BNP Paribas Securities Services. Having a local presence in Asia means we can offer an expanded product range and servicing capability to our global clients with local expertise and knowledge.”