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BNP Paribas appoints head of financial sponsors coverage for continental Europe

BNP Paribas SA said it recently appointed Bertrand Valet as head of financial sponsors coverage for continental Europe.

Valet will be based in Paris, although he will also work in London for significant periods of time, the French lender said March 26. He will report to James Seagrave, the bank's London-based global head of financial sponsors coverage.

Valet joins BNP Paribas after nine years at Bank of America Merrill Lynch, most recently as a managing director and head of France coverage in its financial sponsors team for Europe, the Middle East and Africa.