Santander has appointed Jonathan Richman as head of trade and working capital solutions in the US, with a focus on large corporates.

Richman joins from Deutsche Bank, where he had been for 10 years, most recently as head of trade and financial supply chain for the Americas. He previously spent over 20 years at Standard Chartered in various roles across the US, Asia and the UK.

He is based in New York and reports to Santander’s US head of global transaction banking, Antoine Arts.

Richman’s new remit will include “building a leading trade finance franchise with the largest and most sophisticated clients in the region”, the bank says in a statement.

His hire follows that of Chris Bozek, who joined Santander from Bank of America Merrill Lynch a few months ago – also to lead trade and working capital solutions in the US, but with a focus on mid-sized companies.