Olivier Blanchet

Spear’s Review

Olivier Blanchet heads up BNP Paribas’s business jets and yachts financing department, arranging the financing of private aircraft and luxury yachts for UHNW individuals.

He joined the French bank over three decades ago, and has been specialising in yacht, shipping and private jet finance for more than 15 years. In addition to advising clients at every stage of the acquisition process, including the building, maintenance and remarketing of assets, Blanchet also helps clients to consider their impact on the environment.

Blanchet believes that banks come into their own by extracting value from advisers, project managers, insurers and builders. ‘It’s good to team up with a bank, because you have a common interest,’ he says. ‘I love that we have the same focus as our HNWs, and that we are on the same adventure as them. Taking the pain with the maritime providers is a great achievement, by bringing added value to the HNW and justifying the charge.’