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Friday, May 24, 2013
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Barclays strengthens its global Trade & Working Capital team with new European hire

04/08/2012 02:15 (293 Day 15:47 minutes ago)

The FINANCIAL -- Barclays continues to grow its global Trade and Working Capital team with the appointment of Eugenio Cavenaghi as Director for Trade and Working Capital Product Management, Europe.

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Cavenaghi joins Barclays from UniCredit, where he was Global Head of Trade Product Development and Sales Facilitation. As Barclays reported, prior to this, Cavenaghi held the role of Global Product Manager in the trade and cash division at Deutsche Bank.

Based in Frankfurt, Cavenaghi will be responsible for product management activities across the trade and working capital business and supporting German and international clients with their trade finance needs.

Cavenaghi will be part of Barclays EMEA Trade and Working Capital Leadership team reporting to Baihas Baghdadi, Head of Trade and Working Capital for EMEA in the region and Ray Zabarte, Global Head of Trade and Working Capital Product Management.

Commenting on the appointment, Baihas Baghdadi, Head of Trade and Working Capital for EMEA said; “Growing our trade and working capital capabilities is key to our long-term corporate banking strategy and Eugenio’s appointment further builds on our aim of enhancing our presence in the European market by delivering best in class financial product solutions to suit our clients’ business needs.”

 

 

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