Axel Krüeger has joined Stemcor Trade Finance in London from Marc Rich Investment Ltd.

Krüeger’s main areas of responsibility will be to initiate and support structured trade finance transactions of Stemcor Group in Eastern Europe and former Yugoslavia and in Latin America. Krüeger spent five years at Marc Rich and three at Glencore UK Ltd beforehand.

He will also support Sarah Worsdell, who transferred from Stemcor’s London office in August to open an Asian structured trade finance desk at the group’s offices in Singapore. Christopher Bachofen continues to target CIS transactions.