Commonwealth Bank of Australia (CBA) has appointed Richard Benjamin as acting global head of trade finance sales, GTR can reveal.

The move came after Geoff Cox left his role to pursue interests outside of the banking sector. Benjamin is the bank’s chief operating officer (COO) for global trade finance. He rejoined CBA in 2015, having previously worked as senior strategy manager at the bank between 2009 and 2012.

In a varied career, Benjamin has held roles with gaming company Funtomic, eyewear importer Sight Station, consulting firms Cap Gemini and Accenture, as well as a previous stint in the banking sector with Westpac.

Cox, a well-known figure in the Australian trade finance market, had worked for CBA since 2012, and previously held roles with Westpac and Rabobank.

Nigel Scott is the bank’s global head of trade finance, managing a team including Benjamin and Gerry Gannon, executive director for product management within global trade finance. Scott took up the position last year, joining the bank from Eastgate Trading, which he co-founded. He replaced Adnan Ghani, who left CBA to become head of trade finance at Westpac.