PFR has pored over the results of this year’s JP Morgan Corporate Challenge race in New York’s Central Park to find out which power sector financiers crossed the finish line first.
As with last year, junior bankers outperformed their bosses in the 3.5 mile race, which was held on May 30 and 31.
Scott Easey, a senior associate in infrastructure project finance at Commonwealth Bank of Australia, held onto the title of fastest power banker, with a time of 19 minutes and 22 seconds—three seconds outside his time last year (PFR, 6/8/17). He finished 30th overall.
Sumitomo Mitsui Banking Corp. analyst Anthony Baruch followed with an impressive time of 21’20”, while Mark Burnett, v.p. in energy derivatives at Société Générale, finished third again with 22’03”—an almost 30-second improvement over last year.
A pair of DZ Bank executives then crossed the line within about half a minute of each other. Frank Schehl, m.d. and head of asset securitization, finished with a time of 23’33”, while Alexander Ploch, a v.p. in Schehl’s securitization team, came in at 24’03”.
Although not a banker, Joe Nano, a senior analyst in Capital Dynamics' clean energy and infrastructure team, merits a mention for breaking the 25-minute barrier, completing the course in 24’55”.
Brett Hanlon, an associate in Natixis’ power, utilities and renewable energy group, chalked up a time of 25’48”, and special recognition must go to BayernLB’s Bernd Erpenbeck, an executive director with particular expertise in credit risk management and a very dedicated runner, who put many of his fellow senior bankers to shame with a time of 27’15”.
They all outpaced PFR editor, Richard Metcalf, who finished second among employees of Euromoney Institutional Investor, clocking in at 27’23”.
Jim Boyle, a director at fellow German lender Commerzbank, finished the race after 28’54", and a pair of LatAm bankers rounded out the top 10 fastest power bankers in New York, with DNB’s Latin America project finance head, Emilio Fabbrizzi, putting in a 29’26” run and SMBC’s Luis Fernando Perdigon finishing in 30’56”.
This list is based on the official results. If we have missed someone in your firm's power team who deserves to be included in the top 10, please get in touch with the editor, Richard Metcalf to share the finishing time (email@example.com).