(MENAFN - Arab News) The National Bank of Abu Dhabi (NBAD) has appointed Christophe Kloeti as its head of trade finance in France.
The appointment highlights NBAD's expanded international activities.
NBAD-Paris serves as one of the bank's eight hubs serving NBAD's West-East Corridor strategy, and it would serve customers in France and North Africa in line with the bank's strategy to enable trade and commerce in the increasingly important economies spanning from West Africa across to East Asia.
"North Africa, France, and the Gulf share a long and deep commercial relationship, which is poised to increase
NBAD is committed to facilitate and be a major enabler of commerce and trade," says Fadi Halout, the NBAD Country CEO - France.
Before joining NBAD, Kloeti was responsible for trade finance activities at Commerzbank Paris for five years
He also worked for COFACE and Societe Generale
His experiences have allowed him to develop strong knowledge of corporate strategy, forfeiting finance, risk management, cash management and corporate finance products in general.
"Christophe Kloeti's experiences and skills will strengthen NBAD's strong position in our markets," says Falout.
Kloeti says: "I look forward to working with NBAD and contribute to its strategic expansion plans across the West-East Corridor."
In addition to Paris, NBAD will have hubs to serve its wholesaling clients in Abu Dhabi, Hong Kong, Lagos, London, Mumbai, Singapore, and Washington, DC, each covering a different geographical area.
Kloeti holds a master's degree in engineering and business strategy international (ESSEC business school).