05. 06. 2024
TradeXBank AG appoints new Head for Commodity Trade Finance
Giacomo Frei has 20 years of experience in the CTF-market. He held various leadership positions at different institutions, most recently at Telf AG, a Lugano based international trading company. He will be responsible to further develop and grow the bank’s CTF-portfolio.
Camille Sednaoui, CEO of TradeXBank, says: “I’m pleased about our ability to attract talents like Giacomo for our institution. As we embark on the bank’s next chapter of growth, expanding into new regions and commodities, Giacomo brings an in-depth understanding of the business, our client’s needs as well as sound expertise in risk management. With his strong sense for business, his strong client relationships and his proven leadership skills, he will support our ambitions.”
Giacomo Frei is taking on his new role at TradeXBank with immediate effect.
About TradeXBank
TradeXBank is a FINMA licensed, Swiss owned bank based in Zurich with more than 50 employees. The bank is specialized in the financing of commodity flows in energy, agricultural goods, fertilizers and metals. It is focused on the EMEA region and provides commodity trade finance, foreign exchange, transactional banking and hedging. Its operations are based on a strong balance sheet with strong liquidity and capital ratios well above regulatory requirements.