(6 September 2017 – United Kingdom) Trade finance company Traydstream, based in the United Kingdom (UK) has appointed a new chief executive officer.
The company announced that Citi Bank’s former head of Trade for Europe, Middle East and Africa, Sameer Sehgal will take on the role.
“In Sameer, we have one of the leading figures in global trade finance; his appointment is invaluable to us in charting a course for the exciting future for our business,” said Co-Founder and Chief Operating Officer Uzair Bawany.
According to Traydstream, Sehgal is joining the company at a “crucial period” for the firm, as its commences its first trade finance programs with bank partners.
In his previous role, Sehgal guided Citi Bank’s trade business across EMEA to be the largest trade bank in the region says Traydstream, while also leading Citi to integrate new capabilities into its trade finance offerings, including supply chain finance and shipping.
“Sameer is a true industry expert,” said Achille D’Antoni, the firm’s other co-founder and global sales head.
“Uzair and I are delighted that he has joined us, and he genuinely shares in our vision to reshape trade finance. We are very excited with the next phase in our business as we move to pilot phase with leading banks, and I cannot think of a better person to have at our helm.”
Of his appointment, Seghal said, “I am delighted to be joining the Traydstream team; digitization and automation in trade is long overdue, and Traydstream’s solution is refreshingly creative.
“The technical tools at hand today promise to redefine international trade and commerce. It’s a fascinating time to be in the industry and working on these game-changing innovations.”