Subject: PER
Natixis Announces Key Appointments to Energy & Natural Resources sector at Corporate & Investment Banking, Americas Platform Elevates Tim Polvado to Head of Energy & Natural Resources Appoints Nat Raggette as Senior Oil & Gas Banker
NEW YORK, Aug. 13, 2018 /PRNewswire/ -- Natixis today announced two key personnel appointments supporting the continued growth of its Energy & Natural Resources sector for Americas platform. First, it has appointed Tim Polvado to Head of Energy & Natural Resources, Americas, expanding on his previous role as Head of US Energy. He will report locally to Benjamin Sirgue, Head of Strategic Sectors & Distribution, Americas and globally to Dominique Fraisse, Global Head of Energy & Natural Resources. Second, Natixis has appointed Nathaniel "Nat" Raggette as Managing Director, Senior Oil & Gas Banker. Nat will report to Tim Polvado.
"Tim's appointment is a testament to the hard work and dedication he has shown to the Americas platform over the years," said Benjamin Sirgue. "His proven track record of success speaks for itself and I expect him to continue to thrive in this new role."
Tim has more than 20 years of financial services experience, virtually all of which he has spent in positions of increasing importance at Natixis. He helped devise the company's strategy for reserve-based lending, started a group that focused on private equity sponsors in the Energy sector, developed activity in the oilfield service area, and launched the Energy sector for Natixis' US platform. Prior to joining Natixis, he worked at NationsBank, Southwest Bank of Texas, and Kidder Peabody.
Nat has over 20 years of financial services experience and joins Natixis from RBC Capital Markets in Houston, Texas, where he was Managing Director, Investment Banking. He previously worked at Goldman Sachs, Morgan Stanley and privately held Bright Horizon Resources.
"Nat is a valuable addition to the Energy & Natural Resources department," said Tim Polvado. "He brings a wealth of experience and know-how to our already seasoned team, and we look forward to growing the firm's presence in the industry further as Nat will play a key role in helping shape our client strategy for the region."
Nat will be responsible for the development of the bank's Oil and Gas industry coverage in the United States, including covering strategic upstream, midstream and downstream clients.
About Natixis
Natixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 31 million clients spread over two retail banking networks, Banque Populaire and Caisse d'Epargne.
With more than 21,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.
A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE's banking networks.
Listed on the Paris stock exchange, it has a solid financial base with a CET1 capital under Basel 3(1) of ?11.9 billion, a Basel 3 CET1 Ratio (1) of 10.8 % and quality long-term ratings (Standard & Poor's: A / Moody's: A1 / Fitch Ratings: A).
(1)Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise - without phase-in .
Figures as at June 30, 2018
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Press contact: |
Meredith Zaritheny |
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646.503.6278, [email protected] |
SOURCE Natixis
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