Michael, 39, joins the firm from Merrill Lynch where he was Managing Director and Co-Head of Structured Finance for Europe, Middle East and Africa. Prior to that he spent 3 years at Deutsche Bank where he was a Director in the European Securitisation Group. He has also worked in New York for Lehman Brothers and Cadwalader, Wickersham & Taft. Michael started his career in the US Army before leaving to study Business Management at the University of Maryland College and Business Law and Regulation at Cornell Law School.
Commenting on this appointment, David Ovenden said: "Michael is one of a small group of acknowledged leaders in the field of securitisation. His track record and profile speak for themselves. He will add significantly to our established leadership in Europe. Michael's decision to join BNP Paribas is a clear endorsement of our increased investment in structured credit in general."
Jacques d'Estais, Global Head of Fixed Income, noted: "Michael's is the last in a line of strategic hires needed to complete the Fixed Income team and reinforce our position as one of the leading players in the international debt capital markets."