Standard Chartered has promoted one of its most senior bankers and hired a successor from outside the bank.
Charles Carlson has been appointed as chief executive officer of the bank’s Libyan operations.
He moves from his role as global head of structured export finance.
Carlson joined the bank as head of structured export finance Americas in 2002, two years after Standard Chartered’s acquisition of Canada’s CIBC’s structured trade finance team.
Succeeding Carlson in the global head role is Heinz Noeding, who will be based in New York.
In his new role, Noeding will be responsible for building up relationships with a number of multilateral agencies, including Opic and Miga, as well as the US export credit agency, to structure project and export financings for clients across Asia, Africa and the Middle East.
Furthermore, he has been tasked with financing exports from Standard Chartered’s US clients.
Noeding has two decades’ experience in structured finance, including leverage finance, high yield, loan asset management and mergers and acquisitions.
He has worked as a managing director in corporate finance at CIBC world markets and was president of the UK’s Aozora Investment Management.
A spokesperson for the bank tells GTR that directly before his hire, Noeding was working as a private consultant, working on new business start-ups.
Noeding will report globally to James Courtenay, global head of project and export finance, who is based at Standard Chartered’s London offices, and Mohammed Grimeh, head of capital markets for the Americas.
“Heinz is not only an experienced banker but also has a track record in building businesses,” Courtenay notes.
“Under his leadership, I am fully confident that our structured export finance business will continue to grow and enhance our ability to provide medium-term export financing solutions for clients in our network.”