Jenkins will work with asset manager clients to help them manage regulatory change and ensure a smooth transition to the Alternative Investment Fund Managers (AIFM) directive and Ucits V regimes.
“Nick is an expert in how the AIFM directive and Ucits V apply to UK asset managers. He brings an outstanding wealth of knowledge to this role and we are very pleased to welcome him to the team,” said Linda Morsia, UK head of trustee and depositary services at BNP Paribas.
Jenkins joins from Citi where he was head of fiduciary oversight and research.
“Depositaries have become a cornerstone of European finance as regulators look to enhance investor protection” said Jenkins. “Service providers need to work closer than ever with clients to help them understand the complexity of regulatory changes.”