Patrick Welch has joined UniCredit’s structured trade and export finance (Stef) department as director of commodity trade finance, Asia Pacific.

Based in Hong Kong, Welch will report to Michael Rolfe, UniCredit’s global head of commodity trade finance.

Commenting on his appointment, Angelo Rizzuti, global head of structured trade and export finance at UniCredit, says: “With his vast experience in the field of commodity trade finance business, Patrick will be an excellent addition to the Stef team based in Hong Kong.”

During his 26 years in the banking and finance industry, Welch has specialised in the natural resources industry, dealing with global and domestic companies in mining and metals, oil and gas and commodity trading sectors. He has worked for National Australia Bank in Tokyo and Melbourne as well as at ANZ Bank, both as relationship manager and as a trade finance product specialist.