FIMBank appoints Head of Structured Commodity Finance

Michael Marnell has joined FIMBank plc as Senior Vice President, Head of Structured Commodity Finance.
By: Media Consulta Malta Ltd
 
BIRKIRKARA, Malta - May 10, 2013 - PRLog -- He joins FIMBank from Mizuho Corporate Bank Ltd, where he served as Head of Trade Finance Solutions EMEA in the Global Trade Finance Department. He will be based at FIMBank’s London Representative Office.

Mr Marnell served for ten years as global Head of Metals & Mining SCF at KBC Bank, where he worked with commodity traders, producers and banks in the global structured commodity finance market. Prior to joining KBC, he had spent six years with Standard Bank London, including two years based in Kinshasa, DRC. His appointment at Standard Bank London followed a ten year stint at ANZ Grindlays Bank in London.

Mr Marnell will report directly to Armin Eckermann, Head of Banking Group at FIMBank’s Malta head office. Commenting on the appointment, Eckermann stated that “I am personally very pleased to have Mike on the team. He is an experienced structured commodity financier, well known and respected by his peers. Moreover, he brings a wealth of experience across the energy, metals and agricultural commodity sectors, which will complement and support the strategic development plans of FIMBank in the SCF market.”

For further information about the FIMBank Group, please visit http://www.fimbank.com.
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Source:Media Consulta Malta Ltd
Email:***@media-consulta.com.mt Email Verified
Tags:Trade Finance, Factoring, Forfaiting, Structured Commodity Finance
Industry:Financial, Banking
Location:Birkirkara - Birkirkara - Malta
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