The African Export-Import Bank (Afreximbank) has named Obi Emekekwue as Director and Global Head of the Communications and Events Management Department, while Chandi Mwenebungu becomes Director of the Treasury and Markets Department. Prior to the appointments, Mr Emekekwue and Mr Mwenebungu were respectively heads of the Communications and Treasury functions at the lender.
Russian aluminium producer UC Rusal has appointed Alexandra Bouriko, previously Chief Financial Officer, as Chief Executive Officer. Vladislav Soloviev, who previously held this position, has been appointed CEO of En+. He will also become the President of Rusal.
XL Catlin has appointed appoints Claudia Thyme as Director Emerging Markets Development. Her role will see her pay particular focus on Latin America. She has 20 years' experience in the insurance industry, ten years of which have been spent at XL Catlin. In her new role she transfers from the Communications & Marketing team, where she most recently held the position of Director Strategy & Business Groups.
NewYork-based financial technology company CleanCapital has appointed Melinda Baglio to head up both the legal and acquisition teams. Baglio was formerly in the Energy infrastructure Project and Asset Finance group at White & Case.
Africa-focused OVH Energy has appointed Huub Stokman as its new Chief Executive Officer. He was previously the head of Puma Energy International in Angola. Before that, he spent over 20 years at BP during which he was responsible for sales and marketing, as well as major projects across 15 European countries.
The European Investment Bank (EIB) has appointed Marjut Santoni as Secretary General. She will start her new role on 1 March. From 2013 to 2015, she was Deputy Chief Executive of the European Investment Fund, before being appointed to the position of Deputy Secretary General of the EIB in September 2015.
Jan Kupfer has been appointed head of corporate and investment banking (CIB) for Germany at UniCredit. He is currently global co-head of global transaction banking at the Italian-headquartered bank. Kupfer takes over from Michael Diederich, who was appointed country chairman for Germany after the departure of Theodor Weimer to become chief executive of Deutsche Boerse at the start of this year.
Moscow-headquartered aluminium producer UC Rusal has created a new Downstream Division in the company's organisational structure. Andrey Donets has been appointed Head of the new division. He has headed up various business units at Alcoa in the past ten years.
Aquila Capital has opened an office in Amsterdam and appointed Emke Bus as joint head of the new operation along with Oldrik Verloop, existing head of Client Advisory International.
Prior to joining Aquila, Bus was managing director ESG and Infrastructure at GRESB, where she rolled out an environmental social and governance framework for infrastructure investors. Prior to this, she spent almost 10 years at Achmea Investment Management, the investment arm of the Dutch insurance group Achmea, most latterly as a Senior Portfolio Manager for infrastructure and private equity.
Kirkland & Ellis has hired Rohit Chaudhry and Roald Nashi to the firm's Washington DC office as partners in the Debt Finance Practice Group. They collectively have more than 35 years of experience on energy and project finance transactions, representing private equity sponsors, institutional investors, developers and others, in domestic and international matters. Chaudhry Norton Rose Fulbright, where he was global head of projects and project finance. Nashi joins from the Houston office of Simpson Thacher & Bartlett, where he worked with sponsor clients on financings in the oil and gas, power and infrastructure sectors.
Former Commercial Director at Hochtief PPP Solutions (UK) Ltd Tim Hesketh has been appointed Managing Director of BAM PPP UK & Ireland from April 3. He succeeds Robert Young who took early retirement at the end of last year.
Law firm Addleshaw Goddard has appointed outgoing DWF national head of construction Paul O'Kane and DWF's head of the Manchester construction team Paul Barge, alongside six DWF associates with engineering and construction law expertise to the AG North West England practice.
Akin Gump today announced that Julian Nichol will be joining the firm in London as a partner in its global project finance practice. Nichol, whose focus is project finance and transactional energy and natural resources, joins from Bracewell where he headed the EMEA power group and co-headed the firm-wide oil and gas practice.
The European Bank for Reconstruction and Development (EBRD) has appointed Angela Sax the new head of office for its operations in Moldova. She joined the EBRD Resident Office in Armenia in May 2006 where she has worked on a variety of projects in municipal infrastructure, property, manufacturing, agriculture and other industries.
Blackstone Infrastructure Partners (BIP) has added to its senior leadership team with the appointment of two senior industry sector heads. The former EIG Global Energy Partners Managing Director Wallace Henderson joins as a Senior Managing Director responsible for leading midstream infrastructure investments, while Sebastien Sherman moves from OMERS Infrastructure to lead BIP’s utility, renewables and transportation sectors.
Everest Insurance has hired Paul Sanders as head of its European Credit and Political Risk insurance business. His most recent role was head of Aspen Insurance's credit and political risk business. Based in London, he will provide credit and political risk solutions to European-based customers in conjunction with Everest Insurance's Ireland-based underwriting platform.
Rothschild Global Advisory has appointed Kevin Bush as a senior adviser in its debt advisory team in Australia. Bush joins from UBS where he was head of financing solutions for Asia-Pacific. During his 20 years at UBS, Bush also worked as head of Australia/NZ leveraged and acquisition finance.
Mizuho Americas has hired Jonathan Yellen as Managing Director and Head of Power and Infrastructure for Americas Project Finance. He will be responsible for advising clients and executing non-recourse financings for large-scale, capital-intensive power and infrastructure assets across North and South America. Yellen has served in senior roles at Morgan Stanley, Deutsche Bank, and Credit Suisse.
XL Catlin's insurance operations has promoted Tim Powell to Chief Underwriting Officer for International Financial Lines. He will be based in London and be responsible for the underwriting performance of XL Catlin's Financial Lines portfolio in all geographies outside North America. He joined Catlin Australia in 2009 after working at Allianz, AIG and Sedgwick.
US Department of Commerce Secretary Wilber Ross has appointed Alan Beard, managing director of Interlink Capital Strategies, to the Trade Finance Advisory Council to provide him advice and counsel on trade finance issues. He has 30 years of extensive public and private sector experience assisting small and medium-sized enterprises gain access to export financing.
Innergex Renewable Energy Inc has completed its acquisition of Alterra Power Corp for a consideration of $1.1 billion, including the assumption of debt thus adding 485MW of operational or under-construction generation capacity. Innergex shareholder La Caisse has provided a competitive $150 million subordinated unsecured five-year term loan, and revolving credit facilities were increased by $225 million to $700 million with BMO Capital Markets, National Bank Financial Inc. and TD Securities as Co-Lead Arrangers and Joint Book Managers. Alterra's Executive Chairman Ross Beaty has been appointed to the Innergex Board.
UK-based payments, fraud and risk management group ai Corporation has announced the appointment of Robin Whitehead, David Gilhespy and Natasha Westover, as Chief Technology Officer, Chief Operations Officer and Finance Director, respectively.
Xinjiang Goldwind Science & Technology Co subsidiary Goldwind Americas has appointed David Sale as its new chief executive officer. He joins the Chicago-based company from Siemens-Gamesa Renewable Energy.
SACE BT, a wholly-owned subsidiary of SACE specialized in short-term credit insurance, has appointed Pietro Vargiu as the new sales and credit branch manager. Vargiu has worked in risk underwriting at GE Capital Finance, led the trade credit and political risk team at Marsh Italia, served as regional director (Mediterranean, Middle East <6 Africa) at Euler Hermes World Agency and, in the past five years, managed sales at Coface Italy.
Bacanora Minerals, the London and Canada-listed lithium company, has appointed Eileen Carr as a non-executive director and Janet Boyce as chief financial officer. Carr is an accountant with over 25 years experience in the resource sector on both energy and mining projects around the world. Boyce, an accountant, was group chief financial officer Gemfields, a supplier of gemstones that was recently acquired by Pallinghurst.
Finland-headquartered procure-to-pay and eInvoicing solutions provider Basware is reportedly selling off two business units - its Financial Performance Services and its banking operations - to private equity company Verdane Capital, which will turn the two units into separate companies. Tomi Lod, currently based at Basware's Finnish operations, will step in as CEO of both companies.
Fairfax Financial Holdings Limited has entered into an agreement to acquire certain assets and assume certain liabilities in Carillion Canada Holdings Incorporated's infrastructure services operations.
Fairfax has also announced that upon completion it is to appoint the former Governor General of Canada, David Johnston and the former Secretary to the Governor General of Canada, Stephen Wallace, to the board of directors of the acquired Canadian companies.
UK Export Finance (UKEF) has appointed Richard Simon-Lewis as its new Head of Origination, Client Coverage, Marketing and Communications, Adam Harris as its new Head of Civil, Infrastructure and Energy, and Andy Blacksell as its new Head of Underwriting Policy and Products.
Development Finance Institute Canada has made Paul Lamontagne managing director of the newly branded Montreal-based FinDev Canada. He was the founding CEO and chairman of Enablis Financial Corporation, an impact fund manager in Africa that supported over 150 small and medium-sized enterprises. Most recently, he was responsible for managing a Canadian private equity fund that invests in renewable energy, infrastructure, and telecommunications in Arica.
Bank Leumi (UK), the London-based subsidiary of Israel's international bank, has appointed Gil Karni as its new CEO. Karni moves from Bucharest, where since 2016 he had headed up Bank Leumi Romania. From 2011 to 2015, he was CEO of the bank's subsidiary in Luxembourg.
London-based fintech group Traydstream has announced the executive appointment of Jayan Menon as Country Head for India. He has over 25 years' experience in the banking industry, particularly in trade services and treasury. He has worked with ICICI Bank and YES Bank. His last role was with TATA Consultancy Services, where he headed the Trade Operations of a large global bank.
Previse, the AI supplier payments decision making company, has announced four additions to its advisory board. Sainsbury's Chairman David Tyler, Macron adviser Alexandra Prigent-Labeis, British Land Chairman John Gildersleeve, and The Data Lab CEO Gillian Docherty.
Meanwhile, Previse CEO Paul Christensen will be speaking at TXF Singapore 2018: Trade, Treasury & Commodity Finance, which takes place from 28 February to 1 March.
London-headquartered Wyelands Bank, set up to help small and medium-sized enterprises, has appointed Neil Sawbridge as chief financial officer and Sarah Burkill as a director supporting origination, strategic and product development.
Private equity advisory firm Campbell Lutyens has appointed Guillermo Marroquin as Head of North American Real Assets. Marroquin returns to the Campbell Lutyens fold after four years as Managing Director at Macquarie Infrastructure & Real Assets.
A new group at law firm Winston & Strawn has appointed eight lawyers from Norton Rose Fulbright to work in the energy and infrastructure sector at the New York, Washington and Houston offices. D.C.David Gillespie, Patrick Groomes, Michael Loesch, Michael Pikiel Jr. and Michael Yuffee are joining as partners, with Terry Arbit, Brenda Hanzl and Rebecca Limmer as counsel.
Mayer Brown JSM has appointed Pieter de Ridder as managing partner in Singapore following the retirement of the firm's founding Singapore managing partner, Kevin Owen. He has spent more than 25 years in Asia advising multinational companies and institutions on taxation matters relating to direct investment, restructurings, financing arrangements, private equity and supply chain structures.
Unipec, the trading arm of Asia's largest refiner Sinopec, has hired veteran crude oil trader Lee Yee Meng, who will join its office in Hong Kong in May. Lee left Trafigura Singapore earlier this week after more than a year with the commodities trader.
Zurich North America has named Lillian Labbat as head of Trade Credit and Political Risk. Prior to joining Zurich, Labbat held executive roles in global trade finance, export finance and structured credit with J.P. Morgan, BNP Paribas and Citigroup. Her most recent role was managing partner and co-founder of financial advisory firm Metis Markets.
Trinity Industries, a diversified industrial company based in Texas, has named Antonio Carrillo as President and Chief Executive Officer of the new spin-off company for its infrastructure-related businesses. Carrillo is the current CEO of Mexichem and a member of Trinity’s Board of Directors.
Independent Indian solar power producer Azure Power has appointed Dipti Swain as its General Counsel. Swain was previously a partner at Luthra & Luthra where he specialised in securities law, mergers and acquisitions and capital market transactions.
Alternative investment firm Northleaf Capital Partners have appointed the former partner at investment banking firm StormHarbour, Roderick Gadsby to the newly created post of Managing Director to the Infrastructure team.
The Asian Development Bank (ADB) has appointed Kelly Bird as its new Country Director for the Philippines. He was previously Director of Public Management, Financial Sector, and Trade Division at ADB's Southeast Asia Department.
UK-based asset manager Pemberton has appointed Phil Ashdown as a partner. Ashdown will be responsible for developing investment strategies across trade receivables and supply chain finance for institutional investors, with overall responsibility for origination and portfolio management. Prior to joining Pemberton, he was a founding investor and executive board director of Tungsten Corporation, a global supply chain enabler.
Rockfire Capital has acquired a portfolio of UK solar assets from Magnetar Capital that is believed to be in excess of 300MW. Rockfire's founder and CEO Liam Kavanagh has been appointed director of more than 30 SPVs while Magnetar directors Luca di Rico and Alan Shaffran have stepped aside.
The conference will bring together project investors and developers to discuss the financing for low carbon energy and infrastructure projects across Asia, including power, renewables, infrastrcuture and transportation projects.
TXF is back in DC! We'll be examining how multilaterals are evolving to fulfil an expanded remit, while maintaining a focus on development and trade facilitation. Join corporates and leading practitioners in agency finance to debate industry challenges.
To kick off TXF Global 2018, we'll be bringing together senior developers, government personnel and investors to focus on project finance deals. Our dedicated Project Finance Day is a must for all infrastructure pro's!
The party of the year is back for 2018! TXF Global brings you all things Export & Agency Finance to the colourful city of Prague. Described as the fairy-tale city, TXF Global is here to make all your export finance dreams come true...