Olu Ajayi has taken up his new post as head of structured trade finance credit at Banco Espirito Santo in London.

He joins from Bank of Tokyo-Mitsubishi UFJ where he was vice-president of commodity and structured trade finance.

At Banco Espirito Santo, Ajayi will be responsible for all the analytical processes relating to credit and reporting for STF and reports to David Wightman, head of structured trade finance.