BNP Paribas Appoints Two Senior Executives to its CIB Division

March 11, 2024

New York, March 11, 2024 – BNP Paribas, Europe’s leading global bank, today announces the appointments of two senior level executives to its Global Banking unit within the Corporate & Institutional Banking (CIB) group:

Steven Coburn is appointed to Head of Consumer & Retail, North America. Steve was previously with Wells Fargo, where he spent 24 years in Investment Banking, most recently leading the group’s efforts in the Food & Beverage sector. Before that, he spent time at Bear, Stearns, Inc. and Accenture. Steve received a BA from the University of South Carolina and an MBA from the Kellogg School of Management at Northwestern University. 

Edward Witz is appointed to Head of Industrials, North America. Ed was previously at Barclays Investment Bank for 16 years most recently as Global Head of Automotive, and before that at Credit Suisse for eight years. He has also worked at Lehman Brothers and Goldman Sachs, with a focus on Industrials & M&A. Ed received his BA from Colgate University and his MBA from Northwestern University. 

Both Steve and Ed will report to Chris Blum, Head of Corporate Clients Group and Sectors & Advisory, North America. The team will be responsible for driving the growth of the investment banking and corporate banking coverage teams within their respective sectors with a particular focus on the Trans-Atlantic Corridor.

George Holst, Global Head of Corporate Clients Group and Sectors & Advisory at BNP Paribas, said:“The Trans-Atlantic corridor is essential to BNP Paribas’ global strategy and a focal point of our group. Many of our clients are based in the Eurozone and want access to the deep, US markets, so it is imperative we continue to build on our capabilities and strengthen the platform, which today’s appointments do. By further expanding our banking services in the Americas, which is one of our main goals in our 2025 plan, we can more efficiently serve our clients across our many businesses.”

Chris Blum, Head of Corporate Clients Group and Sectors & Advisory, North America at BNP Paribas, added: “We warmly welcome Steve and Ed to BNP Paribas and look forward to working with them to build upon the strong platform already in place in North America. Drawing upon over 50 years of combined experience, they will help their teams raise the bar in sectors critical to our regional and global growth ambitions. In addition, their wealth of knowledge will be invaluable as we continue to strengthen our leadership capabilities and deliver on our strategy within the region.”

BNP Paribas CIB group is a globally recognized leader offering Corporate and Institutional clients capital markets, securities services, financing, treasury and advisory solutions, among others. The group operates in 53 countries with over 20,000 clients and 38,000 employees worldwide. The bank’s Corporate Clients Group (CCG) is a global team that brings together the Corporate Coverage, Industry Groups, M&A, and local Advisory teams. CCG is responsible for strengthening the dialogue and connections between its corporate clients and giving them sectorial and transactional content, along with access to the full range of Group banking and non-banking solutions. CCG leverages its global network with a local presence, giving clients, many headquartered in the US, access to the global markets.

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About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.