Credit Agricole CIB Appoints Gerard R. Vincitore, Former New York Power Authority (NYPA) Senior Vice President, Managing Director in Structured Finance Advisory Group
Vincitore Will Head Advisory in North America
June 28, 2016 10:51 AM Eastern Daylight Time
NEW YORK–(BUSINESS WIRE)–Crédit Agricole Corporate & Investment Bank — the corporate and investment banking arm of the Crédit Agricole Group, the world’s ninth largest bank by total assets – announced today the appointment of Gerard R. Vincitore as a Managing Director in its Structured Finance Advisory Group for Americas, where he will head up advisory activities in the North American Power & Utilities Sector and in addition be involved in specific energy related transactions in the Americas. He will be based in New York City.
Credit Agricole CIB is a long-standing market leader in project finance both globally and in the US & Canada providing structured finance solutions through its Energy & Infrastructure business line. Regionally, the bank has been an innovative financier for a broad range of energy projects, including renewable and conventional power, distributed generation, gas transportation infrastructure, LNG export, petrochemicals, and other infrastructure projects.
Prior to joining Crédit Agricole CIB, Mr. Vincitore was a financial executive with the New York Power Authority (NYPA), the nation’s largest public utility, most recently as Senior Vice President of Corporate Finance. His responsibilities, in addition to corporate financial management, included identifying, evaluating, structuring, and supporting the implementation of Authority initiatives including new generation and transmission projects (both as owner or off-taker), customer financial offerings, energy policy projects, and mergers, acquisitions, and divestitures. He has successfully structured over 1500 MW ($2.0 billion) of new generation projects and 1100 MW ($1.0 billion) of transmission projects, including the negotiation of two major transmission development partnerships and advised on several key Authority energy policy initiatives (New York Energy Highway, k-Solar, etc.).
“The Power and Utilities sector is a key vertical within the Global Energy & Infrastructure Practice and a dominant part of our activity for more than 15 years. With Jerry’s appointment we will expand into advising on debt and equity capital raising and other strategic advisory services in this sector in North America, reflecting the evolution of our advisory practice globally. With over 18 years of experience, Jerry brings an extraordinarily deep understanding of the power sector with differentiating perspectives of the various stakeholders that will enrich our client engagement,” said Jaya Viswanadha, who heads the Structured Finance Advisory Group in Americas and to whom Mr. Vincitore will report.
Upon graduating college in 1998, Mr. Vincitore joined ABB Lummus Global, Inc. (now part of Chicago Bridge & Iron Company) as a Process Engineer in the Refining Technology Business Group, where he spent four years before moving to his first stint with the New York Power Authority (NYPA) as a Senior Investment Analyst and Portfolio Manager. He left the utility after two years for Natixis, an investment bank, before rejoining NYPA in 2009, rising successively in responsibility to his most recent position.
Mr. Vincitore holds a BS in Chemical Engineering from Manhattan College, a MBA from Fordham University and is a Chartered Financial Analyst.
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Vincitore, Gerard R. [MC1998]
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