Crown Agents Bank (CAB) has made two senior appointments as part of its strategy to become the leading trade and correspondent bank for emerging markets. The bank has appointed Duarte Pedreira as Head of Trade Finance to help invigorate a growing, bespoke trade finance service for emerging market clients, particularly in Africa and the Caribbean. Meanwhile, Colin Westlake has been appointed as Sector Head of Commercial Banks, where he will lead the bank’s core service provision of linking emerging market commercial banks with major money centres.
Pedreira joins CAB from AIG’s award-winning trade credit team, having previously held roles at Banif Bank, Caspian Sea Capital, and Standard Bank in Africa. Westlake was previously at Standard Chartered Bank for over 38 years – most recently as Head of Network Banks Europe.
Following outreach by Moorgate, coverage of the appointments was secured in Global Banking and Finance Review, Trade & Forfaiting Review, Trade & Export Finance, Trade Finance, Maritime First Newspaper, Tech City News, Global Trade Review, and Africa Capital Digest.