NAB beefs up corporate trade finance team
(26 October 2004 – Australia) National Australia Bank has appointed six new sales and service directors in its Global Trade Finance division who will all have the Australian corporate sector in their sights.
The six are: Geoff Cox, Michael O’Connell, Steve Duncan, Andrew Currie, Rod Tonkies and Justin Williams.
NAB head of Global Trade Finance, Steve Kelly, said the bank saw Trade Finance as an exciting business opportunity which linked directly to its overall strategy of enhancing and providing additional value to NAB’s corporate base.
"We have strengthened our capability to provide corporate clients with customised supply chain solutions through classical and innovative working capital and specialised trade financial products," he said.
"Throughout their commodity and trade finance cycles, we will focus on delivering high quality value to customers through our skilled expert specialists and by creating effective and innovative products to provide clients with optimal trade solutions," Kelly said.
Cox joined NAB from RABO Bank while O’Connell joins from Atradius. Both men will be based in Sydney.
Duncan joined from Societe Generale while Currie has transferred internally from his previous role as manager of Global Trade Services Project of the former Corporate & Institutional banking business.
Another internal appointee, Tonkies has relocated from Western Australia while Williams has transferred from the bank’s Markets division. All four will be based in Melbourne.
The Global Trade Finance team forms part of the bank’s new Transactional and Custody Services business which will be headed by Bruce Munro when he starts with NAB in December. Munro was formerly executive general manager of Commonwealth Bank’s Working Capital Services business.
NAB head of Global Trade Finance, Steve Kelly, said the bank saw Trade Finance as an exciting business opportunity which linked directly to its overall strategy of enhancing and providing additional value to NAB’s corporate base.
"We have strengthened our capability to provide corporate clients with customised supply chain solutions through classical and innovative working capital and specialised trade financial products," he said.
"Throughout their commodity and trade finance cycles, we will focus on delivering high quality value to customers through our skilled expert specialists and by creating effective and innovative products to provide clients with optimal trade solutions," Kelly said.
Cox joined NAB from RABO Bank while O’Connell joins from Atradius. Both men will be based in Sydney.
Duncan joined from Societe Generale while Currie has transferred internally from his previous role as manager of Global Trade Services Project of the former Corporate & Institutional banking business.
Another internal appointee, Tonkies has relocated from Western Australia while Williams has transferred from the bank’s Markets division. All four will be based in Melbourne.
The Global Trade Finance team forms part of the bank’s new Transactional and Custody Services business which will be headed by Bruce Munro when he starts with NAB in December. Munro was formerly executive general manager of Commonwealth Bank’s Working Capital Services business.
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