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Key Appointments to Energy & Natural Resources Sector at Corporate & Investment Banking, Americas Platform
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 thecompany’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.
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About Natixis
Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.1 billion, a Basel 3 CET1 Ratio(1) of 11.5% 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. See note on methodology in the 2Q19 earnings material.
Figures as at 30 June 2019