Deutsche Bank has realigned its commodity trade finance business in a bid to better target corporate companies in the commodity trade space.

The bank’s Emea commodity trade finance team will now report to the global head of structured commodity trade finance, John MacNamara.

“Our ambition is to grow in that region in particular. We decided we need to strengthen this business and refocus on this client group,” a spokesperson for Deutsche tells GTR.

“They [the global commodity trade finance teams] are now all reporting to MacNamara and this helps us to streamline the offering for commodity corporates.”

The Emea team will continue to be led by William Calame, who has been at Deutsche Bank for the past 15 years.

MacNamara joined the bank in 1999 when he set up the bank’s structured commodity trade finance department. The team delivers syndicated trade-related lending to commodity corporates.