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For more information please see below for a list of contacts

Permanent and market intelligence enquiries:

London HQ – James Rust

EMEA – Chris Rowe

Asia – John Hetherington

Americas – Tom Pemberton


Key Moves

  • Parvaiz Dalal has been appointed by Citi Treasury and Trade Solutions as Head of Supply Chain Finance for EMEA. In this role, Parvaiz will supervise product, on-boarding and sales, while working closely with sales, coverage and banking partners.
  • John Ahearn of Citi has been nominated by the international financial services association BAFT as chair of its newly elected board for the year 2015-2016.
    • John Ahearn is currently global head of trade at Citi’s Transaction Services (CTS) business, where he is responsible for global supply chain and trade finance, including export and agency financing, as well as asset optimisation.
    • The new board also includes JPMorgan’s Michael Quinn as vice chair and Standard Chartered’s Daniel Scanlan as secretary/treasurer.
    • Before joining Citi, Ahearn was with ABN Amro for eight years. He has also held senior roles at BNY Mellon, after starting his career at JPMorgan. Ahearn is also on the board of directors for the Pacific Rim Bankers Association.
  • Francisco Javier Fernández de Trocóniz has been named as BBVA’s head of global trade finance and international financial institutions, based in Madrid.
    • He replaces Nicholas Shaw, who is moving to London to head up the bank’s corporate banking division there.
    • Francisco was previously BBVA’s head of corporate and investment banking for Spain and Portugal, and before that worked in London, where he was in charge of BBVA’s Northern Europe global corporate banking.
  • Angela Potter, currently managing director of transaction services UK at RBS, is to join Deutsche Bank towards the end of 2015.
    • Angela joins GTB, though her exact role is yet to be confirmed. Angela has been head of UK transaction services at RBS since October 2012.
  • Tan Siew Meng has been appointed HSBC’s new regional head of global trade and receivables finance (GTRF) Asia Pacific.
    • Based in Hong Kong, Tan will report to Paul Skelton, regional head of commercial banking (CMB) Asia Pacific, and Stuart Tait, global head of GTRF. She replaces Simon Constantinides.
    • Tan, was previously CEO of Thailand for HSBC, having joined the bank’s Singapore branch in 2004 as director of corporate and institutional banking and has since held various positions including head of CMB Singapore and CEO of Mauritius.
  • Percy Batliwalla has replaced Bruce Proctor, who has retired from his position as global head of trade at Bank of America Merrill Lynch. Percy previously served as the bank’s head of global sales, global transaction services out of Singapore. He will be relocating to New York.
  • Matthew Kirkby has joined HSBC as regional head of large corporates for its commercial banking (CMB) business in Asia Pacific.
    • Matthew makes the move to the bank from CIMB, where he worked as co-head of investment banking and CEO, North Asia. He has also held positions at ABN Amro and RBS.
    • In his new role, he will be based in Hong Kong and report to Paul Skelton, regional head of CMB Asia Pacific and Joel Van Dusen, global head of large corporates for CMB.
  • Kai Fehr has been appointed by Wells Fargo as head of international trade services (ITS) for Asia Pacific.
    • He replaces Daniel Son, who has relocated to Charlotte, North Carolina, to lead the same business in the US. Fehr will report to Chris Lewis, head of ITS and is based in Singapore. Fehr joined Wells Fargo in 2014 to head up the Asia ITS sales team, before which he headed up Barclays trade and working capital team in Asia. Before Barclays, he managed structured facilities for UniCredit’s Asian clients, also based in Singapore.
    • In his new role, Kai will be responsible for business development, relationship management and distribution for customers across APAC. The group itself services companies of all scale in its import and export business.
  • Inwha Huh has joined HSBC as head of global trade and receivables finance (GTRF), US and Canada.
    • Previously managing director, global trade finance strategy, at GE Capital, Inwha is responsible for leading and managing HSBC’s GTRF activities across the US and Canada for commercial and global banking clients. She will report to Stuart Tait, global head of GTRF, and Wyatt Crowell, senior executive vice president and head of commercial banking, HSBC Bank USA.
    • Before working at GE Capital, Inwha held a number of roles in trade finance and commercial banking at Deutsche Bank, JPMorgan and BNY Mellon, in the US, UK and Asia.
    • She succeeds Prabhat Vira, who takes up the new role of global head of strategic transformation, GTRF, also reporting to Stuart.
  • Dr Benedict Okey Oramah has been voted by shareholders of the African Export-Import Bank (Afreximbank) as the new president at the bank’s AGM in Zambia. He replaces Jean-Louis Ekra, who has completed two five-year terms.
    • Benedict, a Nigerian national, has served as executive vice-president in charge of business development and corporate banking at Afreximbank since 2008. He joined the bank from the Nigerian Export-Import Bank in 1994 as chief analyst.
  • Kah Chye Tan, the former chairman of the ICC’s Banking Commission, has been appointed by hedge fund Markham Rae Trade Capital Partners to its advisory board. Kah Chye also worked in senior trade finance roles with JPMorgan, Barclays and Standard Chartered over a career that has made him one of the most recognisable names in trade.
    • Also joining the board is Sir David Cooksey, a former director at the Bank of England, who worked as chairman of Bechtel, London and Continental Railways, the Audit Commission and UK Financial Investments.
  • Muriel Schwab has joined Rabobank New York as head of trade and commodity finance (TCF) Americas. In her role, Muriel will have regional responsibility for the bank’s TCF activities in New York, Sao Paulo, Buenos Aires and Santiago, working in close co-ordination with the global business heads for agri, metals, energy and trade finance. She will report to Jasper van Schaik, global head of trade and commodity finance.
    • Muriel has spent the past year finalising a master’s degree at Yale. Her last role was as CFO Asia Pacific, board director and chairman of the management committee at Gunvor Singapore. She has also held positions with Credit Suisse and ING in Geneva.
  • Stuart Johnstone has been appointed head of capital management, commercial and private banking at RBS, effectively taking over Angela Potter’s responsibilities. Stuart has been at the bank since 2008, most recently as head of portfolio and capital management, international banking.
  • Francyn Stuckey has been appointed at ANZ as global head of capabilities and client solutions in its transaction banking business. She will join the bank’s Hong Kong office, reporting to Head of Global Transaction Banking Carole Berndt.
    • Francyn joins from Bank of America Merrill Lynch, where she was managing director and global head of strategic solution delivery for global transaction services (GTS), based in London. Before that, she was a director of GTS at Citigroup.
    • The newly-created role brings together ANZ’s payments and cash management, clearing, digital and channels businesses to improve delivery and service.
  • Eddie Norton has been appointed as head of payments and cash management (PCM) for Europe, based in London, by HSBC. Eddie joins from his role as head of commercial banking in Latin America where he was responsible for all aspects of commercial banking in the region.
    • Eddie has worked for HSBC for over 30 years. Since joining, he has held a wide variety of roles across strategy, credit risk management, personal financial services, and commercial and corporate banking in the UK, Hong Kong, Malaysia and the Americas.
  • Iain Taylor has been appointed by DBS Bank as chief operating officer of the bank’s global transaction services (GTS) business.
    • Iain joins from New Zealand based ASB Bank, where he was head of transaction banking, responsible for building and leading a team of professionals covering payables, receivables, cards, liquidity and connectivity.
    • Before joining ASB, he spent 18 years at HSBC where he led the payments and cash management businesses in key Asian growth markets such as Singapore, Indonesia and South Korea, as well as holding management roles in market development and marketing for transaction banking in the Asia Pacific region.
  • Rohit Garg has been appointed by HSBC as head of global trade and receivables finance (GTRF) in Australia. Based in Sydney, Rohit will be responsible for driving the bank’s GTRF strategy in supporting and financing Australian corporate and institutional clients across integrated trade and working capital, commodity and structured trade finance, as well as development projects.
    • He will report locally to James Hogan, head of commercial banking for HSBC in Australia, and regionally to Siew Meng Tan, regional head of GTRF for Asia Pacific.
    • Rohit has been at HSBC for over 17 years, working in leadership positions across Europe, the Middle East and Asia around client coverage, origination, risk management and strategy. His most recent title was regional chief operating officer for GTRF Asia, based in Hong Kong.
  • Daniel Cotti, former JPMorgan head of global trade, has been appointed to the board of directors at Bolero. In his role as non-executive director, he will build partnerships with the banking and finance community to drive growth for the business.
    • After leaving JPMorgan last year, Daniel set up Cotti Trade and Treasury, a trade finance and treasury management consultancy. His experience also includes trade finance positions at Citibank, ABN Amro and RBS. He is also involved with the ICC Banking Commission, Swift and Baft.
  • Mark Troutman has been appointed by HSBC to lead its new payments and cash management (PCM) corporate sales team.
    • Previously head of PCM sales for Asia Pacific, Mark will move from Singapore to London to lead the newly-created team and develop PCM corporate sales across the large corporate, mid-market and business banking segments.
    • The new team is responsible for the strategic direction of sales for global banking clients, and includes HSBC’s consumer brands, retail and healthcare (CBRH) team, which Hans van den Bosch recently joined from his role as director of global treasury operations at Unilever.
  • Mark has 25 years’ experience in working capital and transaction banking advisory services. Before joining HSBC, he held senior roles with JPMorgan and Bank of America in Asia and the USA.
  • David Postings has been confirmed by Bibby Financial Services (BFS) as global chief executive officer, a position he had taken over on an interim basis following the departure of Simon Featherstone in August.
    • David has been BFS’ UK CEO since joining the company in April 2012. During his 37-year experience in financial services, he has held senior roles at TSB, Barclays and TTT Moneycorp.
  • David Ratliff has been appointed by Citi as Asia Pacific head of public sector banking. This newly created position combines corporate and investment banking coverage with markets and securities services coverage of public sector clients in the region.
    • David will manage public sector client coverage relationships in Asia, providing solutions including privatisations, capital markets, loans, derivatives, sales and trading, cash management, foreign exchange, trade finance and custody. He will also oversee markets relationship coverage for public sector clients in Asia including central banks, finance ministries, sovereign wealth funds, development banks, and central governments.
    • He will report to Mark Slaughter, head of corporate and investment banking Asia Pacific, and Julie Monaco, global head of Citi’s public sector group.
    • David’s experience spans over 18 years and includes roles as head of investor sales and relationship management for Asia Pacific and head of Asia Pacific equities for Citigroup global markets, where he was responsible for the firm’s regional equity business including sales and trading, derivatives, convertibles, and equity capital markets.
  • Andrea Vanara has been appointed by Citi as Asia Pacific head of its treasury advisory group. Reporting to Ron Chakravarti, global head of the treasury advisory group, he will lead the group in the region, advising multinational clients on centralisation structures, treasury diagnostics and benchmarking, working capital optimisation, and industry best practices.
    • Andrea joins Citi from FCA Group (formerly Fiat Group), where he led risk management at FCA Bank and held senior roles in group corporate finance and regional treasury operations.
    • His experience also includes a research role in the economy and finance department at the University of Torino, Italy.
  • Paul Skelton has been named regional head of commercial banking, Asia Pacific at HSBC. His remit will include global trade and receivables finance and payments and cash management.
    • Paul reports jointly to Simon Cooper, Group Managing Director and Chief Executive, Global Commercial Banking and Peter Wong, Group Managing Director, Deputy Chairman and Chief Executive of The Hong Kong and Shanghai Banking Corporation Limited.
  • Steve Elms has been appointed by Citi as the Treasury and Trade Solutions EMEA Regional Sales Head Corporate and Public Sector. Steve will also oversee TTS EMEA Marketing. Steve’s appointment aligns with the TTS vision to be the leading provider of TTS solutions to clients in EMEA, and around  the globe.
    • In his new role, Steve will lead the TTS EMEA Corporate and Public Sector Sales organisation working in close partnership with Banking, GSG and Markets to drive Citi’s strategy of accelerating TTS origination and wallet penetration to create sustainable, profitable, revenue growth.
    • Steve has been with Citi for over 17 years and has held a diverse number of leadership positions in the Institutional Clients Group. Prior to joining TTS in 2002, Steve held positions in Security Services and Fixed Income Operations, Global Security Services, and Global Markets before joining TTS. Within TTS, Steve has held a range of roles in Operations and Product Management, most recently as TTS EMEA Liquidity Management & Investments Product Head before joining the sales organisation in 2011.