Stuart Tait will be taking over as regional head of commercial banking, Asia-Pacific; and Natalie Blyth will become global head of trade and receivables finance.
In this newly created role, Gerry Keefe will assume responsibility for all corporate banking activities in the region including the financial institutions, public sector group, and global subsidiaries group franchises.
BAML’s Asia-Pacific head of transaction banking, Ivo Distelbrink, has parted ways with the US bank, CT has learnt. A successor has also been announced.