Majed Julfar has joined the German bank in the Middle East from Etihad Credit Insurance, where he was director of trade credit insurance and export finance.
Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.
The pre-series B funding co-led by Global Ventures and existing investor Reefknot Investments will initially help expansion into the UAE and Saudi Arabia.
The Chinese SME cross-border payment platform wants to facilitate Chinese merchants’ local currency collection in markets where trade flows are growing, including Africa.
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.