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Deutsche Bank names head of trade finance for China
LONDON, April 7 (Reuters) - Deutsche Bank has appointed Wang Tao as head of trade finance for China within its global transaction banking division, the German bank said on Friday.
Tao, who will be based in Shanghai, will look after local trade sales and the expansion of the bank's products on offer in China.
Tao was most recently head of forfaiting for HSBC in China, where he was responsible for delivering both structured financing and forfaiting solutions within the Chinese market.
Forfaiting is a form of trade finance that allows an exporter to grant attractive credit terms to foreign buyers.
dacare This entry was posted on April 12th, 2006 at 09:45:08 pm by dacare and is filed under Leaders on the Move.
