BNP Paribas strengthens its position in the Nordic region with another senior hire
Michael Zeier joins BNP Paribas as a senior investment banker for the Nordic region. In addition to advising clients across sectors, Michael will be responsible for the activities of the Low Carbon Transition Group in the Nordics. “We are very pleased to welcome Michael to BNP Paribas and I am very excited about having such an experienced investment banker on our platform”, says Eirik Winter, CEO for BNP Paribas Group Nordic region
Michael has extensive experience of working with Nordic clients on corporate finance transactions. He was previously responsible for Nordic Investment banking at Goldman Sachs as well as UBS before that. He has also been Co-Head of Large Corporate and Investment Banking at Nordea.
“I am incredibly impressed by the progress that BNP Paribas has made in terms of building out its investment banking presence. BNP has become the leading European based investment bank and I am very excited about the prospect of reconnecting with clients together with my new colleagues. Against a backdrop of geopolitical tensions and a pressing need to increase the speed of the transition, BNP Paribas position as a global European banking partner is more relevant than ever. Clients are increasingly looking for a banking partner with a deep knowledge of local markets, global reach and a full-service offering. “ –Michael Zeier
BNP Paribas investment in a dedicated Low-Carbon Transition Group last year, which consists of 150 experts’ globally plus 100 new recruits, is a part of the bank’s long-term commitment to enable, support and drive the transition. Its mission is to advise clients, companies and institutions on their transition to a low-carbon economy. In addition to this, the group assist clients in raising the capital required for this profound transformation (on public and private markets, and through equity or debt).
Eirik Winter, CEO for BNP Paribas Group Nordic region, comments –
“The transition to a low-carbon economy is demanding rapid evolution of business models and the alignment of capital structures. Being able to provide in depth advice in this area will be key in the years ahead.”
Claudine Smith, CEO for BNP Paribas Norway, comments –
“The energy transition is well underway in Norway among the major industrial actors, new champions are emerging, but much remains to be done to meet the Net-Zero 2050 targets. Co-operation between private and public sectors, among companies in Norway and across borders, is essential. BNP Paribas is committed to contribute actively. I am therefore thrilled that Michael, with his broad competence and his knowledge of Norway, his native country, will join our Nordic team. ” Claudine Smith CEO for BNP Paribas Norway
Michael’s title is Vice Chairman, Investment Banking & Head of Low Carbon Transition Group, Nordic region.