YEARBOOK & DIRECTORY

The Yearbook & Directory of Ireland's international financial services industry
Wednesday, 8th May 2024

Finance Dublin Yearbook 2023

BNP Paribas celebrates 50 successful years in Ireland
With BNP Paribas celebrating 50 years in Ireland during 2023, the leaders of the bank’s Irish businesses, led by Ireland head Derek Kehoe, outline the growth of the business in Ireland and profile their businesses and service offerings, and the wider role each plays in BNP Paribas’ broad international network.
Derek Kehoe, CEO & Head of Country for BNP Paribas in Ireland:
Derek Kehoe, CEO & Head of Country for BNP Paribas in Ireland.
Derek Kehoe, CEO & Head of Country for BNP Paribas in Ireland.
BNP Paribas is celebrating its 50th year in Ireland in 2023. Having opened a subsidiary here with a single employee in 1973 to over 500 people now offering Corporate and Institutional Banking services, it is fair to say the last 50 years have been quite the journey!

We now offer our Irish Corporate and Institutional clients a full service offering across the full range of Corporate and Investment Banking products. In addition, we have a General Insurance Company, two Re-Insurance companies, Fund Administration, Financing vehicles and Real estate Advisory. Our dedicated teams are servicing clients globally from our offices in Dublin and Galway. We leverage an integrated Bank model via our relationship Managers and Senior Executive team to present the bank to our clients.

This allows us to deliver across the piste from origination to custody and asset servicing. We are committed to continue to grow our Franchise in Ireland having signed a long lease on new office space in Sandyford for 400 of our staff that will not only allow us to adapt to the new ways of working but provides room to grow also. I have asked our business leaders to share a brief outline on their businesses below:

Head of Global Banking, Billy Quinlan:
Billy Quinlan, Head of Global Banking Ireland.
Billy Quinlan, Head of Global Banking Ireland.
Ireland is responsible for managing and developing the relationship with our Irish corporate clientele. We serve large Irish corporates, semi state entities and the Irish subsidiaries of BNP Paribas global client base. We enjoy longstanding and diverse relationships with these clients.

As the leading European Global Bank, we help our clients in all aspects of their banking needs across cash management, trade finance, risk management, debt and equity capital markets, strategic advisory. We do this in close collaboration with our product and solution experts based both in Ireland and globally.

In addition to this Global Banking in Ireland is a strategic hub for BNP Paribas Supply Chain financing activities in EMEA delivering origination, execution and post deal services to our clients.

BNP Paribas is amongst the leading arrangers of bonds and loans for Irish corporates and we enjoy a fast growing equity capital markets franchise supported by our market leading global equities research platform.

Securities Services, Simon Bray: Securities Services as been in Ireland for over 20 years, the 3rd largest global investment funds centre utilised by the world’s leading asset managers and funds service providers with net assets in Irish domiciled vehicles of €3.8 trillion.
Simon Bray, CEO, Securities Services.
Simon Bray, CEO, Securities Services.

With our 260+ experienced professionals, supported by our specialists in our international operations centres, BNP Paribas supports our clients with a global integrated banking offer encompassing forex, passive currency overlay and liquidity management, financing for alternative funds, fund of fund financing.

Our client base covers asset managers, alternative asset managers, asset owners and wealth managers. Leveraging our global integrated banking model, our clients benefit from our ‘one stop shop’ with a comprehensive solution set including fund administration, ETFs, depositary services, global custody, loan administration, performance & risk analytics, middle office and fund distribution. With our global footprint our “follow the sun” operating model further supports our clients’ strategies.

In today’s fast changing market environment clients require agile solutions and future orientation. Our integrated approach combining local and global expetise, regulatory and industry body engagement I believe positions us to support the full range of asset classes, strategies, geographies and the maturing regulatory agenda around sustainable finance and ESG with a high quality, flexible service solution and integrated technology platforms providing data transparency to our clients and their investors.

Greenval Insurance DAC, Olivier Mantoulan: Greenval Insurance DAC is our Irish non-life insurance company specialising in motor insurance, owned by Arval, part of the BNP Paribas group and regulated by the Central Bank of Ireland.

Greenval offers insurance solutions in all countries of the European Union on the basis of the Freedom of Services (FOS) since 2007. We currently operate in 20 countries and insure in excess of 700,000+ vehicles.
Olivier Mantoulan, MD, Greenval Insurance.
Olivier Mantoulan, MD, Greenval Insurance.

Greenval Insurance offers liability and damage cover specifically designed for the leasing business and is dedicated to customers of the Arval Group.

Arval, a subsidiary of the BNP Paribas Group, is a specialist in full service multi-brand vehicle leasing, offering companies tailored solutions aimed at optimising their employees mobility while outsourcing the risks associated with fleet management. Greenval Insurance is the preferred non-life insurance company chosen by Arval Group, a worldwide leasing company, and mobility provider.

BNP Paribas Real Estate, Ken Rouse:
Kenneth Rouse, MD, BNP Paribas Real Estate.
Kenneth Rouse, MD, BNP Paribas Real Estate.
One of the leading and most recognisable international real estate advisors, BNP Paribas Real Estate offers its clients a comprehensive range of services that span the entire real estate lifecycle: Property Development, Transaction, Consulting, Valuation, Property Management and Investment Management. With 4,500 employees, BNP Paribas Real Estate supports owners, leaseholders, investors and communities thanks to its local expertise across 30 countries (through its facilities and its Alliance network) in Europe, the Middle-East and Asia.

Here in Ireland we have the benefit and backing of this global network and linkage with our real estate colleagues and the wider BNP Paribas Group. Our diverse, agile and experienced teams continue to expand our market share and raise the bar in terms of quality and excellence in real estate advisory striving to consistently surpass client expectations. At BNP Paribas Real Estate Ireland you’ll find a young, energetic and dynamic company and whatever your needs, whatever your real estate assets, we are here to support and assist you at every stage of your project’s property life cycle from inception to completion.

Kehoe: Our ‘One Bank for Corporates’ model is a unique transversal approach across the various corporate and Investment banking teams of the Group, to support and accompany our clients as they expand internationally. It relies on our broad international network, on the strong international mindset across our teams and on the integrated business model of BNP Paribas. By developing privileged long-term relationships with our customers, we aspire to contribute to sustainable and responsible growth.

As we face into what may will prove to be another challenging year BNP Paribas stand ready to assist our clients in partners, not just in Ireland, but globally, to rise to whatever challenges may present themselves.