Friday, 19 April 2024
BNP Paribas appoints Matthew Ponsonby as head of UK corporate banking
BNP Paribas has appointed Matthew Ponsonby as Head of UK Corporate Banking in its Corporate and Institutional Banking unit. In this newly-created role, Mr. Ponsonby will be responsible for managing the corporate business of the BNP Paribas Group in the UK and for spearheading its expansion. He reports to Anne Marie Verstraeten, UK Country Head, BNP Paribas Group and Yannick Jung, Head of EMEA Corporate Clients, Financing and Advisory.
In March, as part of its 2020 Business Development Plan, BNP Paribas CIB identified the UK as one of four target European markets in which it aims to expand its business, with a particular segmental focus on UK corporates and UK subsidiaries of multinational groups.
Ms. Verstraeten said: “We are committed to growing our already well-established UK franchise. Matthew’s extensive knowledge of the corporate landscape – in the UK and beyond – along with his unparalleled investment banking experience will help us achieve this goal. His excellent track record of combining strong debt franchises with M&A advisory makes him a particularly good fit for the task in hand.”
Mr. Ponsonby brings more than 30 years’ experience in financial services, in particular investment banking, equity markets and M&A. He has advised on transactions worth more than GBP350bn over the course of his career, including some of the largest transactions in EMEA. He joins from Barclays investment bank where he served from 2009-2017, most recently as Vice-Chairman and Global Co-Chief Operating Officer of Banking. Prior to this, Mr. Ponsonby worked for Citigroup where he held various senior positions including Head of European Utilities, Head of the Advisory Group in Japan, and Global Head of Infrastructure Investment Banking. Mr. Ponsonby has also held positions at Deutsche Morgan Grenfell and Andersen Consulting.
The BNP Paribas Group employs more than 7,500 staff in the UK, serving a broad client base through a comprehensive offering that includes corporate and institutional banking, securities services, real estate services, asset management, insurance, personal finance, leasing solutions and commercial finance. In 2017, the bank celebrates its 150th year of operation in the UK. BNP Paribas UK Corporate Banking comprises relationship coverage, corporate debt, advisory, trade and treasury teams.
Re-disseminated by The Asian Banker
