Trade finance news

Falcon Trade appoints chief executive

Last Updated February 01, 2008

Will Nagle has been made chief executive officer of Falcon Trade Corporation. Nagle moves from his previous position as chief financial officer. He will now be working alongside chairman Kamel Alzarka on the strategic development of Falcon.

Nagel will retain responsibility for some of financial and operational work he previously worked on. He will hand over some duties once a replacement financial officer is recruited.

Alzarka comments: "The elevated title reflects better the role Nagle had actually been undertaking for the past year or so.”

“As we grow it is important to get the correct officer positioning in place - our investors and clients expect it. Having said this, we remain a company more focused on individuals and talent than on job titles and formalities. We have no intention of changing this way of operating - not least because we are a mid-sized trade services specialist aiming to attract the elite.”

Nagle joined Falcon in 2005, previously having headed up the banking and treasury division at Macsteel International. He has also led commodity and trade finance teams at the London branches of BHF and Soci&eaute;té Générale



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