Deutsche Bank Creates New Position in North American Sales for Trade Finance
Deutsche Bank has appointed Jon Richman as managing director and he will take up the newly created position of head of North America sales for trade finance and cash management corporates in Global Transaction Banking (GTB). GTB encompasses Deutsche Bank’s cash management, trade finance, capital market sales and trust & securities services. Based in New York, Richman will report to GTB’s David Conroy, Americas head of trade finance and cash management corporates. Previously, Richman spent more than 20 years at Standard Chartered Bank. In his most recent position, he led Standard Chartered’s transaction banking business in North Asia, covering Hong Kong, China, Taiwan, South Korea and Japan. Before that, he held management positions in wholesale banking and other areas of Standard Chartered. During the course of his career, Richman developed a number of trade and supply chain finance solutions.