David Colgan has joined the newly-opened UK subsidiary of Bank of Communications (BoCom) as a non-executive director.

The bank was authorised by the FSA in July 2011 and will provide corporate banking and trade finance products, focusing on trade and investment flows between the UK and China.

Colgan was previously director of business development at Zenith Bank, and before that was head of trade and commodity finance at Absa Bank in London.

Colgan tells GTR: “I was the second employee of Zenith UK when I joined in October 2006, six months prior to its authorisation by the FSA. Zenith UK is now well established with a very strong management team. After 40 years in the city I felt the time had come to move on from full time employment.”