Charles Brough has left UniCredit, where he held the position of head of trade finance and forfaiting in Asia Pacific, to focus on his business, Worldwide Trade Consultancy.
The move sees him return to Singapore from Hong Kong, where he had been posted by the bank in 2010.
Worldwide Trade Consultancy was set up by Brough in February. He tells GTR about the business: “It specialises in helping exporters who sell to difficult countries whose banks’ trade debt instruments are not acceptable to banks in Asia Pacific. In addition to this, [the company] sources funding for SMEs, assists in the sale of used oil products to the European biodiesel industry and brokers distressed assets to hedge funds and collection agents.”
He also remains in the business of discounting trade debt instruments and finding banks to do so.
Brough previously held positions at RBS and National Westminster Bank. He had been with UniCredit since 1991.