Juan Carlos Uribe has become regional director, Americas, setting up DF Deutsche Forfait’s Miami office. Uribe left Santander Hispano Americano in March after seven years with the bank, four and a half years being spent in London. He was most recently head of distribution -trade finance. Santander has closed its trade finance and distribution desk in London.

“In Miami I will not only be concentrating on traditional forfaiting business with Latin American corporates and banks, but will also be using the strengths of DF to work with exporters in the US. I will also introduce DF to the US Ex-Im Bank business,” says Uribe.

The group is already present in Cologne, Bahrain, Hamburg, Miami, Paris, Prague, and has an associated company in Cairo.