New addition to OCBC's forfaiting team

Last Updated February 21, 2008

Richard Waite has joined OCBC Bank's Forfaiting unit in

London after a six-year stint with WestLB’s forfaiting and loan trading unit.

He is the latest addition to the team, established in late 2006 and headed up by Lucio Matassoni. The hire will strengthen OCBC's expansion of its forfaiting and emerging market loan products.

Waite will initially be concentrating on the secondary market, but in due course take on origination responsibilities for Kazakhstan, Turkey and Azerbaijan.