Wells Fargo has hired Kai Fehr to its International Trade Services (ITS) group, as head of ITS sales in Asia.

In this newly-created position, Fehr will be responsible for leading the bank’s expanding trade business throughout Asia Pacific. He will work to provide trade products to Wells Fargo’s clients in the region with the help of the bank’s global network of financial institutions and banking groups.

Before joining Wells Fargo, Fehr was managing director and head of trade and working capital for Barclays in Asia. Based in Singapore, Fehr will report to Daniel Son, head of the ITS Asian division.