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Institutionale-marketplace TradeAssets continued to grow in 2021, with key banks joining and deal flow increasing in2020. With the pandemic spurring more banks to look at online solutions, TradeAssetshas announced several additions to the team.
The new names were MargrithLütschg-Emmenegger(Switzerland), Sebnem Sen Aydin (Turkey), Lloyd Onaghinon(Nigeria), Harry Saito (Japan), Amit Koirala(Nepal), Aly Siby and ManojSahu in the UAE.
MargrithLütschg-Emmenegger, an industry leader in factoring and forfaiting, Margrithheld various senior roles at Barclays Bank, Midland Bank, WestLB and FIMBank and has extensive contacts in the industry, especially in Europe.
Sebnem Sen Aydin’s experience includes international trade finance in Turkey, Islamic finance and launch and marketing of finance e-products.
Joining in the UAE, Aly Siby has many years of experience with banks like MFC Bank and FIMBank; while Sahu has worked with banks like IDBI Bank, NBQ, ABK and Arab Bank.
Haruhiko (Harry) Saito has many years of experience with KPMG and Bank of Japan and in senior advisory roles for the Japanese government and in his own capacity in regulatory/risk management areas for numerous financial institutions. Harry will support the TradeAssets franchise in the very important market of Japan.
Amit Koirala, based in Nepal, has been associated with banks like American Express and Standard Chartered Bank andbrings with him experience and connectivitywith financial institutions in frontier markets including Myanmar, Nepal, Bhutan, Cambodia, Laos, Brunei.
TradeAssets will benefit from the extensive experience, expertiseand connections from all the new members on board. Business travel may never revert to earlier levels and banking relationships and trade deals will then haveto shift to online methods, optimizing costs and increasing revenues for all involved. Banks with cross-border risk appetite realize that they do not needto book all trade transactions in person or on the phone. Digital origination platforms such asTradeAssets help banks access and close deals online without any incremental effort or cost.TradeAssetshas 60 member banks from 15 countries and over 30 representatives in 22 countries.
About TRADEASSETS: Founded by senior banking professionals Lakshmanan Sankaran and Sumit K Roy, TeamTradeAssets consists of banking industry veterans with decades of experience in international banking. TradeAssets was built to create efficiency and transparency in the traditional deal-making process, increase connectivity between institutions globally, make trade finance more accessible, and improve profitability for clients. TradeAssets is a user-friendly and multi-functional live portal which has generated high transaction volumes in a short period of time. This portal for banks has been built by bankers, is simple and functional, with an experienced team around the world to give members the technical and relationship support needed to transition from the current state into an open, benevolent ecosystem.
© Press Release 2021
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