Standard Chartered has appointed Michael Jakubik as global head of commodity structured finance.

Based in Singapore, he reports to Arun Murthy, global head of commodities, working across internal business units to deliver commodity structured finance solutions for the bank’s clients.

Jakubik joins Standard Chartered from Standard Bank in London, where he was head of commodity structured solutions.

Commenting on the appointment, Murthy says: “Michael’s experience in the commodities market will add vastly to our commodities business growth momentum, especially in the commodity structured finance space. I look forward to Michael’s leadership to provide even more value to our clients.”