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Finastra has appointed industry veteran Michael Vrontamitis to the role of lead industry principal, lending business unit. Vrontamitis’ career in trade finance spans over 25 years, the bulk of which he spent at Standard Chartered. After joining the bank in 1995 as an assistant relationship manager for UK-based oil and gas multinationals, he held numerous ...
MUFG has extended a US$150mn samurai loan to multilateral development finance institution the Eastern and Southern African Trade & Development Bank (TDB). MUFG is the sole coordinator, bookrunner, mandated lead arranger (MLA), documentation agent and facility agent on the deal. A spokesperson for the Japanese lender tells GTR the facility will be used by TDB ...
UK steel industry groups are calling for swift action to remove tariffs on exports to the US after the two governments opened talks, though wider concerns remain about Westminster’s lack of engagement with the troubled sector. A joint statement by the UK and US governments last week signalled the start of discussions on tariffs affecting ...
Blockchain firm R3 has appointed Alisa DiCaprio as chief economist, a newly created role for the company. DiCaprio joined R3 in 2017 as head of research, before becoming head of trade finance. Prior to this, she was a senior economist at the Asian Development Bank, where she ran a number of large-scale digitisation projects in ...
Law firm Rajah & Tann has promoted Nathanael Lin to equity partner, after he re-joined the Singapore-headquartered firm in 2020 from the shipping sector. Lin became a partner, along with 12 other lawyers, on January 1 and is based in Singapore. His practice focuses on contentious and non-contentious matters in shipping and international trade. Lin’s main ...