BNP Paribas managing director Ravina Advani has been appointed head of energy, natural resources and renewables in the firm's coverage division.
She has been with the French bank for 18 years, most recently in the power, infrastructure and project finance team, which is led by Tim Chin.
Her responsibilities will include "managing and growing the Energy, Natural Resources and Renewables platform, aligning strategies across the bank’s Energy offerings as well as supporting the bank’s commitment to Renewables," according to a statement announcing the appointment.
The firm is expected to hire another banker to assume Advani's responsibilities for structuring and executing project finance deals as she transitions to the new role, a person briefed on the situation tells PFR.
Advani remains in New York and reports to Don Sutton, head of corporate coverage for North America.