BNP Paribas has appointed Scott Carter to the position of global head of investor coverage. The firm’s financial institutions coverage group provides services for asset managers, hedge funds and pension funds.
“Today’s appointment capitalizes on the significant progress we’ve made since the inception of the investor coverage team and is the natural progression in the space, further deepening our connections and relevancy with investors in the U.S. and globally.” said José Placido, CEO of BNP Paribas USA and CIB Americas, in a statement.
According to BNP Paribas, the addition of Carter represents a step the bank is taking to make low carbon transition financing a strategic focus. “The Investor sector is also a strategic focus for the bank and at the core of its ‘bridge with corporates,’ including the financing of the low carbon transition,” the press release stated.
“Our ambition is to become the leading European bank to institutional clients and support the whole economy during the low carbon transition,” said Sandrine Ferdane, BNP Paribas’s global head of financial institutions coverage, in the statement. “BNP Paribas is well-positioned to provide comprehensive investor solutions that meet the evolving needs of institutional investors worldwide. We welcome Scott to our management team and look forward to continuing working closely with all our investor clients together with our senior bankers in the US, EMEA, and APAC.”
Carter was previously a partner in and head of trading and portfolio financing at AQR Capital Management. He was also previously global co-head of global prime finance North America at Duetsche Bank. He has a bachelor’s degree in finance from the University of Rhode Island and an MBA from Cornell University’s Johnson Graduate School of Management.
Tags: BNP Paribas, José Placido, Sandrine Ferdane, Scott Carter