Cynthia Tchikoltsoff will relocate to the bank’s Asia-based Transaction Banking headquarters in Singapore, in January, to lead the Global Trade Solutions team. Stephane Gaboriaud reports to her as deputy.
Kanika Thakur has been promoted to head of corporate, commercial and public sector (CCP) sales for Citi Treasury and Trade Solutions (TTS) in Asia Pacific.
Experts at Swift’s Sibos conference last week bemoaned a lack of interoperability between digital trade platforms and offered suggestions on how the issue could be addressed.
The bank will leverage Cleareye.ai’s solution to help digitise its trade finance processes in Asia Pacific, as part of its wider transformation efforts.
CT caught up with BofA’s recently appointed head of Trade and Supply Chain Solutions across Asia Pacific, to learn about the themes affecting Asia’s supply chains.