Paul Schuilwerve has been appointed head of the global commodities group at Fortis Bank, succeeding Diane Boogaard who has left to become global head of commodities at Rabobank.

Schuilwerve will be responsible for all commodities activities at Fortis and reports to the CEO of specialised finance, Frans van Lanschot in Rotterdam.

Most recently he was managing director of commodities in London and has been a key player in the expansion of the commodities derivatives and structured commodity finance activities, where he has worked for the past 15 years involving assignments in Hong Kong, London and Singapore.