Standard Bank has appointed Peter Rizzo and a number of his former team at Rand Merchant Bank to help expand the bank’s presence in the Asian Pacific agricultural commodities market.
Rizzo will take up the role of head of the Asian Pacific agricultural commodities team, based in Sydney. He will report to Richard Addington, head of investment banking for Asia based in Hong Kong.
In his previous role at Rand Merchant, Rizzo set up the Australasian agricultural structured trade and commodity finance division. He has also worked as a senior executive at ConAgra Food’s D R Johnston Group, based in Sydney and Singapore.
He brings with him three former Rand Merchant employees: Jurie Oosthuizen as head of credit, and Merren Carnegie and Cathy Maurici as senior managers of Australian agricultural commodity operations.