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 towards net-zero, 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).
“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.” - Eirik Winter, CEO for BNP Paribas Group Nordic region
Michael’s title is Vice Chairman, Investment Banking & Head of Low Carbon Transition Group, Nordic region.
BNP Paribas is the third largest bank globally and the global bank with the strongest presence on the ground in the Nordic region. In the last three years, BNP Paribas has doubled revenues with the region’s clients and hired almost 200 people in the Nordic region. Today the group has over 900 people in the region across Corporate and Institutional Banking, Personal Finance, Asset Management, Insurance, Factoring, Car Fleet Management and Leasing.
BNP Paribas global leadership in Sustainable Finance is reflected in several rankings: in 2021 alone, the Dealogic financial market platform ranked BNP Paribas no.2 worldwide for ESG loans and green bonds, and no.1 in Europe. Euromoney has named BNP Paribas as the World’s Best Bank for Sustainable Finance.
Nordic Press Contact:
Jennie Casselborg
T +46 (0) 70 895 0135 | jennie.casselborg@bnpparibas.com
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 70 countries and has nearly 200,000 employees, including nearly 150,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval ; Investment & Protection Services for savings, investment and protection solutions ; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, Eastern Europe as well as via a large network in the western part of the United States. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
In the Nordic region, BNP Paribas employs 900 people across CIB, Asset Management, Personal Finance, Car Fleet Management, Leasing, Factoring and Insurance, with offices in Denmark, Finland, Norway and Sweden. The Nordic Region is strategically important to BNP Paribas. We have a long-term commitment in all the Nordic countries. We have and will continue to make considerable investments in the region, both in terms of capital and in people. Our ambition is to be the leading Global European bank with international reach for our clients in the region.
