Tim Hart has joined Nedbank Capital to advise the bank on its structured trade and commodity finance offering, with specific responsibilities around their UK, European and South African activities. He is based between London and Johannesburg.

Hart joins from Lloyds TSB, where he was responsible for creating a structured trade and commodity finance business. His title at Lloyds was global head of origination.

Hart explains that despite having spent five years building up a good business, Lloyds became UK-centric following the acquisition of HBOS, and as such his department was effectively closed down.

Before working at Lloyds, he moved over from Arab Banking Corporation where he was also responsible for developing a trade and commodities business for the bank. He has also held positions at BNP Paribas and Credit Agricole – always specialising in trade and commodity finance.

In his new position, Hart reports directly to Sekete Mokgehle, head, global structured trade and commodity finance in Johannesburg, and to Mark Weston, joint head investment banking and UK country manager in London.