ABN Amro has made senior changes to its trade and commodity finance leadership team in Singapore.
Eugene Ganchev (pictured) has been named head of trade and commodity finance for Asia Pacific, while Gregory Vandeler is the new head of agri commodities and trade and commodity finance coverage for the region.
Both have been promoted internally. Ganchev joined the bank in 2007 as an associate and has worked in a series of roles across Amsterdam, Hong Kong and Singapore. He was most recently Asia Pacific head of energy and metals commodities, based in Singapore.
Ganchev replaces Jacqueline Chang, a Singapore commodity finance veteran who left ABN Amro earlier this year. Chang was regional head of commodities at the bank. She joined from Fortis Bank when it was integrated with ABN Amro in 2009. She was managing director of the global commodities group at Fortis and was previously head of trade and commodity finance at Rabobank.
Vandeler, meanwhile, joined ABN Amro from RBS in 2014. He was most recently head of energy, metals and agri commodities coverage for Asia Pacific. He moved to the bank’s Singapore office in 2017, having previously been based in Amsterdam. Vandeler has previously worked for Deloitte and Lazard. His role is newly-created.
They will both report to Asia Pacific CEO Maureen DeRooij, who says: “We have steadily won the trust and confidence of our Asia Pacific commodity clients to attain our reputation as their leading commodity bank. Through this time, we recognise our clients’ banking needs have grown in sophistication and we look forward to continue growing with our clients by providing them with relevant sector financing and international advisory expertise.”