Managing Director Group Head, Corporate Banking Us Energy, Power And Renewables
CurrentIn May of 2012 took over a business lacking in leadership, focus, confidence, strategy, credibility, consistency and depth of talent. Rebuilt the franchise by establishing fundamental strategic objectives, greater client focus while restoring credibility internally and externally. Market initiatives included providing consistency of coverage, thought leading content and seamless execution. Also prioritized and succeeded in attracting strong talent at all levels. The results include double digit revenue growth for the past five years with higher market share and position and returns exceeding institutional hurdle rates. Rebuilt two separate franchises through realigning business priorities and strategic focus, reorganizing/attracting talent, establishing bench strength while restoring institutional team credibility and confidence with all internal and external stakeholders.Expanded franchise client relationship focus across a broader range of our 100 customers spanning the C-Suite through to the financial and treasury buying centers. Grew top line revenues over the past five years 40% to over $1.0 billion.Improved overall market standing/share to become a top three provider of banking/capital markets products and services. Exceeded returns on capital in excess of institutional goals.Nick's experience includes corporate and structured finance, capital markets, financial advisory and arrangement as well as risk management.Nick's has extensive experience in ESG/Sustainability and Energy Transition. He was an early adopter/advocate for sustainability and has engaged with both the Power & Energy Sectors on ESG and energy transition for over seven years. His current activities and experience at BofA includes: Chairman - Global Corporate Banking ESG/Sustainability CommitteeChairman - US Corporate Banking ESG CommitteeFront Line Unit Representative for GCIB on Bank of America's Climate Risk ForumMember of the Financed Emission Executive Working Group.