Barclays has made two senior appointments to its global trade team.
Tan Kah Chye and Dan Roberts have been named as vice-chair and global head of trade finance respectively.
Roberts, previously head of debt origination in the UK, takes over Tan’s former role. He joined the bank in 1996 and has held a number of senior roles within the corporate banking division.
Tan’s promotion to vice-chair will see him manage the industry and public policy agendas across all products, though he will still remain involved in the strategic development and build of the bank’s trade capabilities. In his new role he reports to Maurice Cleaves and Alan Turner, both co-head of product.
Tan joined the bank as global head of trade and working capital in 2011.
According to a statement by the bank, the new appointments further highlight Barclays’ focus on trade finance as one of its key areas for revenue growth, taking advantage of long-term growth in global trade flows, particularly through the bank’s extensive network across Africa.
Commenting on his new appointment, Roberts says: “Barclays is investing tremendously in enhancing its global trade finance capabilities. We see growth opportunities across all the key client markets from our global corporates business and financial institutions as well as in our core franchises in the UK and Africa. I look forward to working closely with Kah Chye and continuing the great work he has started.”