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Richard Maxwell, a senior manager with broad experience in international banking, lending, and political risk and trade credit insurance, has been named vice-president and head of US Ex-Im Bank’s trade finance and insurance division. Maxwell comes to Ex-Im from GMAC Commercial Finance, where he was senior vice-president of the risk management, commercial services division.

Before joining GMAC Commercial Finance in 2002, Maxwell was senior vice-president of commercial underwriting at Euler American Credit Indemnity (EACI). From 1983 to 1997, he held a variety of positions at American Express Bank, ending as senior director/manager-North America, international trade finance. He began his career at the Foreign Credit Insurance Association (FCIA).