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BNP Paribas Personal Finance UK to relocate to new HQ

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BNP Paribas Personal Finance UK, provider of consumer finance solutions, has announced plans to relocate its UK headquarters to a new, state-of-the-art facility in Solihull town centre. The move, scheduled for January 2025, will see the company occupy a 25,000 sq. ft office space, designed to foster collaboration among its 800 employees and further its environmental and sustainability commitments.

The relocation follows a period of significant growth for BNP Paribas Personal Finance UK, which has been a key player in the consumer finance sector for over five decades. The new headquarters will offer a modern, flexible workspace that aligns with the company’s strategic goals and supports its innovative approach to the market.

Stephen Hunt, Chief Executive Officer of BNP Paribas Personal Finance UK, expressed his enthusiasm for this pivotal development:

“Moving to a new headquarters marks another key milestone for our business. Having been part of the Solihull community for over 50 years, I am delighted to be continuing this connection to the area, as well as the wider West Midlands region.

“Not only will this space help us to continue to contribute to the local economy; it will also ensure that BNP Paribas Personal Finance UK has a modern, flexible, and efficient working environment that will support our colleagues, particularly as we adopt a more agile way of working.”

The decision to remain in Solihull, where the company has deep roots, was influenced by the town’s vibrant business environment and BNP Paribas Personal Finance UK’s desire to maintain its connection to the local community. The new facility is designed with a focus on accessibility and inclusivity, offering features such as provisions for wheelchair access, noise sensitivity accommodations, and spaces for religious practices. The office will also include a free on-site gym and collaborative work zones, reinforcing the company’s commitment to employee well-being.

A significant driver behind the move is BNP Paribas Personal Finance UK’s commitment to reducing its environmental impact. The new headquarters will feature an Energy Performance Certificate (EPC) rating of B, with ambitions to achieve an A rating through future enhancements, including potential government-supported industrial heat pump installations. The building will be powered by solar panels for all communal areas, and will include electric vehicle charging stations, aligning with the company’s sustainability goals.

Ricardo Mantovani, Deputy CEO at BNP Paribas Personal Finance UK, who has been overseeing the move, commented on the importance of the new headquarters:

“Our new premises, located in the heart of Solihull, is the ideal location to start this new chapter at BNP Paribas Personal Finance UK — one that will take the business to the next level and enable us to operate in a manner that is efficient, innovative, and collaborative.”

The announcement has been met with widespread support from local businesses and government entities. The West Midlands Growth Company (WMGC) played a crucial role in supporting BNP Paribas Personal Finance UK throughout the relocation process, providing introductions to key stakeholders and helping the business enhance its presence in the region.

Councillor Ian Courts, Leader of Solihull Council, welcomed the decision: “It’s great news that BNP Paribas Personal Finance UK has found 25,000 sq. ft of office space within Solihull town centre that can accommodate their 800 workforce and support their continued growth as a business. Their decision to base their HQ in Solihull was also based on their desire to become an even more sustainable business and to reduce their company’s carbon footprint, which this new premises will help them to achieve.”