Thursday, 28th March 2024
To guardian.ng
Search
Breaking News:

Deutsche Bank appoints new executive

Deutsche Bank has announced the appointment of Andreas Voss as Head of Trade Finance for Financial Institutions (TFFI) in Sub-Saharan Africa, in addition to his current role as Head of Global Transaction Banking West Africa and Chief Representative of Deutsche Bank AG’s Lagos Representative Office.  Voss will be responsible for driving the development and execution…

This file photo taken on May 19, 2016 shows the logo of Germany’s biggest lender Deutsche Bank during the company’s annual shareholders’ meeting in Frankfurt am Main, western Germany, on May 19, 2016. / AFP PHOTO / DANIEL ROLAND

Deutsche Bank has announced the appointment of Andreas Voss as Head of Trade Finance for Financial Institutions (TFFI) in Sub-Saharan Africa, in addition to his current role as Head of Global Transaction Banking West Africa and Chief Representative of Deutsche Bank AG’s Lagos Representative Office. 

Voss will be responsible for driving the development and execution of Deutsche Bank’s TFFI growth strategy in Sub-Saharan Africa for Trade Finance business directly originated from Financial Institutions. He will also support Deutsche Bank’s corporate teams to promote trade financing in the region.

Commenting on the appointment, Jamal Al Kishi, Chief Executive Officer Middle East & Africa (MEA), said, “Andreas has led our franchise in Nigeria admirably since joining Deutsche Bank a few years ago. This promotion is a fitting recognition of his leadership and contributions.

His expertise and broader involvement will help us to grow and further develop our Financial Institutions business in general and the TFFI sector in particular.”

Ulf-Peter Noetzel, Deutsche Bank’s Global Head of TFFI remarked, “This appointment highlights the importance of Africa, and in particular Nigeria, to Deutsche Bank’s trade finance business.

The bank is looking to further develop its business with select African clients and through Andreas’ expanded role we aim to enhance our focus on supporting Financial Institutions on a broader base in Sub-Saharan Africa.”

The new TFFI boss has been with Deutsche Bank since October, 2015. He joined Deutsche Bank from Deutsche Investitions-und Entwicklungsgesellschaft (DEG) and brings more than fourteen years of experience in the financial sector. Prior to DEG, Andreas worked in the corporate and project finance industries with German commercial banks.

Until the end of 2014, Andreas was based in Ghana as Regional Director of DEG’s office in Western Africa.

Deutsche Bank first established a presence in Nigeria in 1978. The representative office in Lagos supports and assists Deutsche Bank’s correspondent banking activities, which it offers to many Nigerian Financial Institutions.

In this article

0 Comments