Sophie Javary is appointed Deputy Head of BNP Paribas Corporate Finance, in charge of Corporate Finance EMEA, and joins the BNP Paribas CIB Executive Committee
Eric Jacquemot and Luis Sancho are appointed Co-Heads of the new M&A EMEA unit
Alain Dib heads up the ECM EMEA unit
In order to be closer to clients in their strategic initiatives, especially those who wish to take advantage of the growing opportunities for cross-border deals, BNP Paribas announces that it is strengthening its Corporate Finance set-up, the CIB (Corporate & Investment Banking) business line which comprises M&A Advisory and Equity Capital Markets (ECM) activities. Within Corporate Finance, a new dedicated team for the Europe, Middle-East, Africa (EMEA) region is created. Under the name Corporate Finance EMEA, this new division will include another newly-created unit, M&A EMEA, which has been formed to spearhead the Group's Mergers & Acquisitions activities in the region and work closely with the ECM teams in the origination of Initial Public Offerings (IPOs).
Sophie Javary is appointed Head of Corporate Finance EMEA. She also becomes Deputy Head of the Corporate Finance business line and joins the BNP Paribas CIB Executive Committee. Sophie brings her experience as Managing Director of the BNP Paribas Investment Banking Europe division, where since 2011 she has been in charge of a portfolio of major strategic clients. Her main mission at Corporate Finance EMEA will be to increase BNP Paribas' market share with its large European clients and to reinforce the bridges between EMEA and the other Regions so as to develop further cross-border M&A business.
Eric Jacquemot and Luis Sancho are appointed Co-Heads of the new M&A EMEA unit. Eric joined BNP Paribas Corporate Finance in 2002. Based in London, he was most recently in charge of Corporate Finance for the Middle-East, Africa and Turkey region. Luis joined BNP Paribas in 2008 in Madrid, where he served as Managing Director in Corporate Finance, a role in which he managed relations with a number of major clients.
Alain Dib retains his position as Head of Equity Capital Markets (ECM) for the EMEA region. ECM activities remain one of the two main growth areas for Corporate Finance. Alain reports to Thierry Olive, Global Head of ECM, and will also report to Sophie Javary within the EMEA region.
Thierry Varène, BNP Paribas Group Head of Investment Banking Europe and Corporate Finance, said, “Corporate Finance is a key business for BNP Paribas, especially given its ability to raise the profile of our client franchise and help position other Group business lines around the strategic operations in which it is involved. This move to strengthen our set-up constitutes an important initiative to serve better our clients, against the general background of globalisation of the markets, which is leading to more and more cross-border M&A deals and continuing growth in operations between regions.”
The new organisation and related appointments will take effect as of 1 January 2014. Sophie Javary's appointment to the BNP Paribas CIB Executive Committee is effective immediately.
About BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking (CIB) is a leading provider of solutions to a wide range of clients including corporates, sovereigns, financial institutions and investors worldwide. Approximately 19,000 professionals in 45 countries provide clients with personalized services for managing their risks and assets, financing and expanding their business and servicing their operational needs.
BNP Paribas CIB excels in:
Corporate Banking - where it has leading franchises in Transaction Banking (trade finance, cash management) and in Specialized Financing (energy & commodities, transportation, export, project, leveraged, media telecom, corporate acquisition finance and real estate)
Derivatives - where it is one of the leading global players in interest rates, credit, foreign exchange, commodity and equity derivatives.
Advisory and Capital Markets - where it is a top European house in ECM and a global leader in DCM (bond, convertibles and equity issuance).
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