Louis Taylor has been appointed as the new chief executive officer (CEO) of the United Kingdom’s export credit agency UK Export Finance (UKEF). He takes up the role in October, and succeeds David Godfrey, who has been CEO since September 2013.
The Bank of Tokyo-Mitsubishi UFJ (BTMU) has appointed Sébastien Rozès as co-head of corporate banking for EMEA. This is a newly created role where Rozès will work closely with counterpart Yoshitake Manabe, the incumbent head of corporate banking for EMEA.
Former Nigerian agriculture minister, Akinwumi Adesina, has today been formally sworn in as the new president of the African Development Bank Group (AfDB) at a ceremony in Abidjan, Côte d’Ivoire. He is the eighth elected president of the development bank.
Jin Liqun has been selected as president–designate of the Asian Infrastructure Investment Bank (AIIB) at the 6th meeting of chief negotiators representing the bank's 57 prospective founding members in Tbilisi, Georgia.
National Bank of Abu Dhabi has appointed Sonam Kapadia as the head of trade for the Middle East and North Africa (MENA) region.
Simon Jones has joined TD Securities as head of export & agency finance for the Europe, Middle East and Africa (EMEA) regions. He will be based in London.
Wells Fargo Capital Finance, part of Wells Fargo & Company has appointed Nick Lawrence as managing director for supply chain finance as it finalises the build out of its European platform to support all three international products, channel finance, supplier finance and sales finance.
International credit insurance company Euler Hermes has launched a new division - Euler Hermes Energy. The new division will be North American-based and focus on essential credit support and risk management solutions for the energy industry.
ABN AMRO has appointed Robbert Booij as the new country executive for the United Kingdom and general manager of ABN AMRO Bank UK branch.
HSBC has appointed Rohit Garg as the new head of global trade and receivables finance (GTRF) in Australia. He will be based in Sydney.
Matthew Strong has moved from the Jardine Lloyd Thompson Group (JLT) offices in London to take up his new position as head of the credit, political and security (CPS) risk practice at JLT Specialty USA in Chicago, the US subsidiary of JLT.
Vecron Lordstock Group (VLG), a global structured finance firm specialising in structured trade and project finance, has announced the launching of Vecron Exim, an independent trade finance unit.
ABN AMRO is continuing to strengthen its energy, commodities & transportation (ECT) division with two senior appointments. The bank has promoted Friso Koopmans as global head of energy commodities clients and appointed Rui Florencio as global head of metals commodities clients.
TXF held its Africa afternoon conference last week with more than 80 guests joining to discuss CAPEX, ECA and Project Finance in Africa. We approached the topics from a slightly different angle: whether ECA finance was fit for purpose and how project finance could be made to work better in the region – rather than looking purely at shortcomings in the continent.
Berry Palmer & Lyle (BPL Global), the specialist credit and political risk insurance (CPRI) broker, is to open a representative office in Dubai as part of the group’s further expansion of overseas offices. The opening takes the number of BPL Global offices to five – joining London, Paris, Singapore and Hong Kong.
ANZ has boosted its global transaction banking (GTB) business with the appointment of Francyn Stuckey as global head of capabilities and client solutions in its transaction banking business. This is a new role within the bank and a senior position within GTB.
Malta-headquartered trade finance bank, FIMBank has appointed Murali Subramanian as its new chief executive officer (CEO). The change comes following a seven-month period where Simon Lay was made responsible as acting CEO, following the retirement of former group president Margrith Lütschg-Emmenegger in December 2014.
HSBC has appointed Steven Cranwell head of commercial banking Singapore. He takes over from Kelvin Tan, who has been appointed chief executive officer for HSBC in Thailand.
The BRICS countries (Brazil, Russia, India, China and South Africa) held their first meeting of the board of governors of the New Development Bank (NDB) in Moscow yesterday, ahead of the latest BRICS summit in the Russian industrial city of Ufa in the Urals.
International law firm Holman Fenwick Willan (HFW) has hired Haydn Dare as a partner to work on corporate and project finance with a particular focus on Singapore and Indonesia.
China has nominated Jin Liqun for the presidency of the Asian Infrastructure Investment Bank (AIIB). Jin, is a former vice-minister of finance in China, chairman of the Chinese sovereign wealth fund and is also the current secretary-general of the multilateral interim secretariat of the AIIB.
Law firm Baker & McKenzie has named Stockholm partner Mattias Hedwall as the new leader of its 450-lawyer global trade & commerce group.
The Multilateral Investment Guarantee Agency (MIGA) has recruited and appointed Karin Finkelston as vice president and chief operating officer (COO). In her new role, Finkelston will oversee MIGA operations and handle a number of cross-cutting corporate initiatives.
Watson Farley & Williams (WFW) has hired lawyer Guillaume Ansaloni as a partner for the finance team in its Paris office. Ansaloni focuses his practice on structured finance work and, in particular, project finance.
Rabobank has appointed Muriel Schwab as head trade & commodity finance (TCF) Americas. She takes up the post as of 1 July, and will be based in New York.
XL Catlin has promoted Joe Blenkinsopp to the position of chief underwriting officer for its political risk and trade credit (PRTC) team. He is based in London.
International law firm King & Spalding are set to open an office in Tokyo, the firm's eighteenth office overall and tenth office outside the United States. The new Tokyo office, along with the firm's Singapore office, will anchor King & Spalding's energy practice throughout the Asia-Pacific region.
June is a month that is always jam-packed with highly-publicised sporting accomplishments. With leagues and tournaments of every variety coming to a climatic end in the month, news feeds from Hong Kong to New York are always inundated with extravagant – if only occasionally merited – eulogies on the triumphs of a fleetingly-victorious team or sportsman.
International law firm Simmons & Simmons is expanding its trade finance practice with the appointment of Omar Al-Ali who has joined the firm’s London office this week as a partner.
The African Export-Import Bank (Afrexim) has appointed Dr Benedict Oramah to be the next president of the continental multilateral trade finance institution. He will take up the role in September 2015.
HSBC has hired trade veteran Inwha Huh as head of global trade and receivables finance (GTRF) for the United States (US) and Canada. She will be responsible for leading and managing GTRF activities across the US and Canada for commercial and global banking clients.
Macquarie Group have appointed Guido Musso as managing director for shipping and offshore, within its specialised investment solutions business. Musso is a respected specialist in export credit agency (ECA)-backed shipping and aircraft transactions.
BPL Global, the insurance broker, has secured the services of Peter von Guretzky-Cornitz as a representative for the business in Germany.
Barclays Bank have appointed Christian Nehk as head of trade and working capital in Germany. Nehk joins the bank from Bank of America Merrill Lynch (BAML) where he worked as director within the global trade and supply chain finance business.
UK-based Markham Rae Trade Capital Partners (MRTCP) has appointed Kah Chye Tan and Sir David Cooksey to the advisory board of MRTCP, thus further expanding the knowledge and expertise of its dedicated trade finance team.
ANZ is expanding its international network with the opening today of a branch in Paris to provide wholesale banking services to French multinational companies doing business in Asia-Pacific. The opening took place while TXF’s ECA Paris Conference was in full swing, and where ANZ was a major sponsor of the event.
As with any given seven-day period in the modern age of news reportage, last week was chock-a-block full of current affairs shockers, geopolitical wranglings, cyclical sporting accomplishments and surprisingly changeable weather patterns. However, the news on everyone’s lips was surely the long-anticipated launch of the TXF Chronicle…
Scotiabank has appointed Karl Klink as director trade finance sales to further strengthen its European global transaction banking (GTB) presence.
As with any given seven-day period in the modern age of news reportage, last week was chock-a-block full of current affairs shockers, geopolitical wranglings, cyclical sporting accomplishments and surprisingly changeable weather patterns. However, the news on everyone’s lips was surely the long-anticipated launch of the TXF Chronicle…
Equinox Global, the Lloyd’s cover holder specialising in trade credit insurance, has appointed Nick King as head of UK and Ireland. He will join Equinox on 6 July 2015. Based in London, he will report to Mike Holley, chief executive of Equinox Global.
International Finance Corporation (IFC) and Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group have launched a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises in fragile and conflict-affected states in West and Central Africa.
Commodity trading company Trafigura Beheer BV has announced that Jeremy Weir, chief executive officer, is assuming responsibility for the metals and minerals trading division of the company.
Matthew Kirkby has been appointed as regional head of large corporates for HSBC's commercial banking (CMB) business in Asia-Pacific, with effect from 6 July 2015.
We’re taking the global export roadshow to Lisbon! Join us on the 7th & 8th June 2022 for another unmissable hybrid event. Deal makers from across the globe are attending in force. Don't miss out...
The destination for African commodity finance! A unique opportunity to come together with deal makers across this exciting region for virtual networking opportunities second to none!
Returning in-person to London! Calling all changemakers in trade & export finance - Join us for another thought-provoking edition to plot your ideas about diversity, sustainability and inclusion.
Return of the hugely popular virtual event which addresses the challenges of sustainable commodity finance head on. Bringing you an atmosphere that is inspiring & ideas led! The time is now...
TXF Asia is back, in-person, in Singapore! After three fabulous virtual editions, nothing can compare to face-to-face meetings and getting back in the room with the finest export finance minds.
Three virtual editions later, TXF APAC makes its first in-person return, in Singapore! Join us for an intimate, local language event curated specially for the trade and commodity finance market.
The climax to Geneva commodities week, TXF Geneva brings together the European commodity finance market for an unparalleled two days of thought leadership, networking and education.