After three years at Stemcor Group, Axel Krueger has joined Noble Group as a regional structured trade finance manager for Europe, Middle East and Africa. His mandate will be to establish the structured finance activities for Noble European centres in London and Lausanne for all the various products lines including energy, agriculture, minerals ore and metals.

This is a new desk for Noble. So far the structured finance division had members in the Hong Kong head office and the Americas but nothing in between, claims Krueger.

The thinking behind this job is to provide structured finance resources to the various Noble product lines which are traded in Europe between London and Lausanne. Also it is to better use the European market but mainly London to distribute the financing requirement Noble may have for structured financing, adds Krueger.

Krueger will report to Jaime Teke, head of structured finance based in the Hong Kong corporate headquarters.

Noble Group is a market leader in managing the global supply chain of agricultural, industrial and energy products. It operates a network of over 70 offices in 40 countries serving more than 3,500 customers.