BNP Paribas appoints Head of Sustainable Capital Markets to advise clients on rising appetite for sustainable fixed income assets - BNP Paribas United Kingdom
BNP Paribas UK News
March 5, 2014 -

BNP Paribas appoints Head of Sustainable Capital Markets to advise clients on rising appetite for sustainable fixed income assets

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BNP Paribas is pleased to announce the appointment of Stephanie Sfakianos as Head of Sustainable Capital Markets (Fixed Income).

With rising interest in capital markets debt which yields a social or environmental benefit, Stephanie will guide investors and issuers in the fast-growing market in fixed income assets*, backed by BNP Paribas’ credentials as a leading player in both fixed income and sustainability.

Stephanie joined BNP Paribas in 2002, initially as Head of Liability Management. She was previously in fixed income roles at Deutsche Bank and HSBC.

The appointment extends BNP Paribas’ commitment to sustainable financing and investment issues.

Last year BNP Paribas signed up to the Green Bond Principles, developed with guidance from issuers, investors and environmental groups, which serve as voluntary guidelines on the recommended process for Green Bond issuance. They encourage transparency, disclosure and integrity in the development of the Green Bond market, which are critical to maintaining its credibility.

BNP Paribas is ranked the No.1 financial institution in Europe in terms of CSR, according to Vigeo.

Valerio Pace, Head of Debt Capital Market Solutions, EMEA said: “As clients recognise the growing

role these investments have to play in shaping the capital market landscape of the future, Stephanie will work with our DCM teams to ensure that we are able to our deploy our capabilities in fixed income origination and corporate social responsibility, to provide clients with the best possible service.”

Stephanie said: “The aims and ambitions of our issuing and investing clients reflect the fact that the importance of sustainability is rising ever higher on social, economic and political agendas. Investing sustainably in fixed income is now a burning topic among investors, and there is also a universe of issuers looking to communicate their strong environmental or social performance. Working with them as the asset class moves to the mainstream is a tremendously exciting opportunity and a natural fit for BNP Paribas.”

*According to The Climate Bonds Initiative, the universe of climate-themed bonds outstanding in 2013 totals USD346bn, compared to the 2012 estimate of USD174bn.