London, 27 September 2011

As part of Natixis’s continued focus on growing its commodities business and expanding its brokerage and clearing offering, the Bank has announced several managerial changes. Henrik Wareborn has joined Natixis as Global Head of Commodities where he will have overall responsibility for commodities activities within Fixed Income, Commodities and Treasury (FICT), and direct oversight of OTC trading.

Having started his career at Goldman Sachs in London, where he became head of refined products derivatives trading, Henrik has also worked at Lehman Brothers and Hetco, and was the Global Head of Crude Oil Trading at BP prior to joining Natixis.

Andy Gooch has been appointed to head the commercial development of the “Clearing Project”, developing the infrastructure to provide a third party offering in respect of both listed and OTC-cleared products on a number of asset classes. Andy will continue in his position as Head of Commodity Sales and Brokerage and will remain the Managing Director of Natixis Commodity Markets Ltd.

“We warmly welcome Henrik, who arrives with a wealth of experience and will further strengthen Natixis’s continuing expansion in commodities,” says Pierre-Henri Denain, Senior Country Manager and Head of Capital Markets at Natixis London. “Andy will continue in his existing NCM capacity to expand our brokerage business – including our recognised franchise in metals. He will also play a pivotal role in developing our clearing business; a new and important initiative for Natixis.”

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see: www.natixiscm.com