Nigel Spry, managing director, head of global bank relations for trade and structured finance (TSF) at Cargill, is to move internally within the firm.

Spry says: “I have decided to move on internally from managing our global distribution and bank relationship management in order to take up a new challenge within Cargill. From October 1, I will take charge of a full-time mandate to develop TSF’s strategy and resultant bank and corporate business throughout Africa.”

“Africa is a challenging but key development area for Cargill and for our trade and structured finance business in the coming years and we are making a clear commitment to invest in its potential. I will be based in UK and will be relocating there from Singapore in September,” Spry adds.

Spry has managed Cargill’s global distribution role since its formation in 1999, living in the US and for the past three years in Singapore.

Spry says: “During that time our business has expanded considerably.”

Regional responsibilities will continue to be handled by Mike Wilkin (Emea), Philippe Schwob (Americas) and Vallarie Tng (Asia Pacific) and their teams.

Cargill will be deciding on a new global manager shortly.