Press Releases

Global Transaction Banking Leaders to Gather in Germany for BAFT’s 2020 Global Annual Meeting

Europe’s leading bank-to-bank forum to be held Jan. 13-15 in Frankfurt, Germany.

WASHINGTON — From high-level sessions featuring global transaction banking leaders to a showcase highlighting emerging platforms in the cross-border international payments space, BAFT’s 2020 Global Annual Meeting – Europe will bring together more than 250 senior banking and financial services professionals for Europe’s leading bank-to-bank forum. During the conference – which will be held Jan. 13-15, 2020 in Frankfurt, Germany – leading experts will address the most important topics and trends that will shape the banking industry in the coming decade.

The three-day event will feature a keynote address by Dr. Beata Javorcik, chief economist of the European Bank for Reconstruction and Development (EBRD), who will examine the key changes affecting international trade in the next 10 years. In addition, a keynote fireside chat featuring Yves Mersch, member of the executive board and vice chair of the supervisory board of the European Central Bank, will look at the future of the European banking industry and key issues for European banks in the next decade.

This year’s conference co-chairs are Ulf-Peter Noetzel, chairman of trade finance-financial institutions at Deutsche Bank and Stephen Everett, head of payments and global transaction banking at Lloyds Banking Group. As co-chairs Noetzel and Everett lead discussions with fellow committee members to determine content and set programming for the conference.

“Frankfurt is the ideal location to host the 2020 Global Annual Meeting given the city’s established financial sector, and the increasing role it is playing on the continent with major banks moving staff to the city after the announcement of Brexit,” said Noetzel.

“In hosting this conference, BAFT plays a tremendously important role bringing together Europe’s leading bankers to discuss the future of the European banking industry,” said Everett.

The conference will feature more than 13 sessions covering cross-border payments, trade finance, IBOR transition, compliance, instant payments, cybersecurity, transaction banking and more.

In cooperation with Global Finance, the conference will close with the awards ceremony for the Trade and Supply Chain Finance Awards 2020 presented by Global Finance. Global Finance will name the best bank for trade finance globally and eight global regions, as well as the best banks in various service categories, such as document management and export finance. The supply chain finance awards will include winners in nine global regions, as well as global winners for supply chain financing, customer implementation, and other categories.

For the first year, the entirety of the Global Annual Meeting-Europe is open to members of the press. Media should contact Blair Bernstein at [email protected] in order to register for the event.

BAFT Announces Training Workshops on Correspondent Banking in Africa

BAFT, the leading global trade association for transaction banking, today announced a partnership with International Finance Corporation which delivered training workshops on BAFT’s Respondent’s Playbook for Obtaining and Maintaining a Correspondent Banking Relationship in six African countries.

The program began in South Africa, and included workshops in Ethiopia, Ghana, Senegal, Cote D’Ivoire, and concluded in Madagascar. The objective of the workshops was to train respondent banks on correspondent banking due diligence expectations as outlined in BAFT’s Respondent’s Playbook. The workshops are geared toward private sector banks, primarily compliance and risk management staff, as well as transaction banking business lines (trade finance and payments) and credit officers.

The two-day workshop provided an overview of important considerations when establishing a new correspondent banking relationship, including financial crime exposure and compliance risk. Attendees also participated in an in-depth discussion on respondent best practices for due diligence, maintaining relationships, and working with money service businesses and fintech companies.

“We are thrilled to launch such an important capacity building initiative in cooperation with the IFC in markets deeply affected by correspondent banking de-risking,” said Tod Burwell, BAFT President and CEO.  “We hope that participants gained new knowledge and insight on ways to become strengthen relationships with correspondent banks.”

To learn how your organization may receive BAFT’s Respondent’s Playbook Training or for additional training and educational topics please email [email protected].

BAFT Elects Zion’s Mark Garfield to Lead Board of Directors

BAFT announced today Mark Garfield of Zions Bancorp will serve as the chair of its board of directors for the 2019-2020 association year.

BAFT announced today Mark Garfield of Zions Bancorp will serve as the chair of its board of directors for the 2019-2020 association year. Garfield and other board officers were elected at BAFT’s Global Annual Meeting in San Diego.

Garfield is the head of global financial institutions at Zions and a long serving member of the BAFT board. He has over 30 years of banking experience, with more than 25 years covering trade finance, foreign exchange and correspondent banking. Garfield has served on the DEC National Advisory Board, Board of the World Trade Center (Utah), and Chair of the Utah District Export Council.

“I am excited about the opportunity to serve as the board chair for BAFT,” said Garfield. “I have seen the organization grow over the years and look forward to continuing the tradition of serving as a leading voice for the global transaction banking industry.”

BAFT board officers include:

  • Vice Chair: Raffaele Martino, Intesa Sanpaolo
  • Secretary / Treasurer: Stephanie Wolf, Bank of America Merrill Lynch

Other directors include:

  • Vivek Gupta, ANZ
  • Tod Burwell (CEO), BAFT
  • Ziad Ghosn, BankMed
  • Keith Mackie, Barclays
  • Suresh Subramanian, BNP Paribas
  • John Ahearn, Citi
  • Patrick Gmür, Credit Suisse
  • Miriam Ratkovicova, Deloitte
  • Ulf-Peter Noetzel, Deutsche Bank
  • Serena Smith, FIS Global
  • Amy Sahm, Fulton Financial
  • Patricia Gomes, HSBC
  • Jan-Willem Sudmann, Mashreq
  • Steve Lotito, MUFG
  • Jonathan Elkins, National Bank of Canada
  • James Peterson, Northern Trust
  • Kimberly Burdette, PNC
  • Bart Timmermans, Santander
  • Tarik Muzaffar, TD Bank
  • Christian Stolcke, UBS
  • F. H. Ahlborn, US Bank
  • Kai Fehr, Wells Fargo

BAFT Congratulates 2019 Graduates of Future Leaders Program

BAFT, an international financial services association, today announced the graduates of its Future Leaders program class of 2019.

WASHINGTON – BAFT, an international financial services association, today announced the graduates of its Future Leaders program class of 2019. The program – now completing its fourth year – recognizes upcoming leaders in the transaction banking industry. The graduates were recognized during the annual BAFT North America Conference in in San Diego.

Nominated by their respective institutions, the class of 2019 included 32 individuals from 14 countries and a variety of disciplines within transaction banking. This year’s group was divided into four project teams to address current industry issues such as the future correspondent banking, the role of humans in transaction banking, trade dynamics, and building collaboration between global transaction banking.

“Through the Future Leaders program, the class of 2019 graduates have taken on leadership roles and helped advance important issues in the transaction banking industry,” said Tod Burwell, president and CEO of BAFT. “This program continues to serve as a way for BAFT to invest in the next generation of banking leadership and solve common industry challenges.”

The class of 2019 began the program at the annual BAFT Europe Bank to Bank Forum in London. Several future leader council members supported the current class as mentors, joining BAFT board members who served as project sponsors.

BAFT congratulates the following graduates from the Class of 2019.

  • Arezu Abedinzadeh, SEB
  • Abdul Aleem, ITFC
  • Rami AlHusari, Arab Bank
  • Media Alimorad, BMO Capital Markets
  • Sylvie Bartelmaos, Banque Libano-Francaise
  • Michael Beispel, Tradeshift
  • Josephine Bergman, Swedbank AB
  • Michael Boede, MUFG
  • Jennifer Couch, PrimeRevenue, Inc.
  • Ryan Dalrymple, U.S. Bank NA
  • Matthew Giannotti, NatWest
  • Anthony Guide, PNC Bank NA
  • Guus Huijgen, Deutsche Bank AG
  • Kerry Jordan, CIBC FirstCaribbean
  • Annina Keller, Credit Suisse
  • René Klose, Commerzbank
  • Luke Kneeshaw, Columbia Bank
  • Ryan Knoll, BNY Mellon
  • Donald Monson, Deloitte, LLP
  • Katherine Mueller, INTL FCStone
  • Rodrigue Nakindavyi, Danske Bank
  • Osman Ansari, JP Morgan
  • Sureen Pannagas, Société Générale
  • Abhijit Patil, State Bank of India
  • Silvio Pestalozzi, UBS AG
  • Joshua Quigley, Bank of America Merrill Lynch
  • Chanpreet Sawhney, Wells Fargo Bank
  • Saurabh Sharma, Abu Dhabi Commercial Bank
  • Gert Sonck, ING Bank NV
  • George Stergianopoulos, HSBC Bank
  • Anton Suphal, RBC Investor & Treasury Services
  • Anthony Williams, Scotiabank

Learn more about BAFTs Future Leader Program here

BAFT Announces Future Leaders Program Class of 2019

BAFT announced its Future Leaders program class of 2019. The program – now in its fourth year – recognizes upcoming leaders in the transaction banking industry.

BAFT Announces Future Leaders Program Class of 2019

WASHINGTON – BAFT, an international financial services association, announced today its Future Leaders program class of 2019. The program – now in its fourth year – recognizes upcoming leaders in the transaction banking industry.

Nominated by their respective institutions, the class of 2019 includes 32 individuals from 14 countries and a variety of disciplines within transaction banking. This year’s group will be divided into four project teams to address current industry issues such as the future correspondent banking, the role of humans in transaction banking, trade dynamics, and building collaboration between global transaction banking.

“The Future Leaders program continues to grow in prestige and significance within the transaction banking industry thanks to the achievements of its graduates,” said Tod Burwell, president and CEO of BAFT. “Over the last four years, they’ve taken on leadership roles and advanced important industry issues both within their own organizations and BAFT, and I’m confident the class of 2019 will continue that tradition.”

The class of 2019 will begin the program at the annual BAFT Europe Bank to Bank Forum in London, and will conclude in April at the BAFT Global Annual Meeting – The Americas in California. Several future leader council members will support the current class as mentors, joining BAFT board members who will again serve as project sponsors.

BAFT congratulates the following individuals who were selected to this year’s program:

  • Arezu Abedinzadeh, SEB
  • Abdul Aleem, ITFC
  • Rami AlHusari, Arab Bank
  • Media Alimorad, Bank of Montreal
  • Sylvie Bartelmaos, Banque Libano-Francaise
  • Michael Beispel, Standard Chartered Bank
  • Josephine Bergman, Swedbank AB
  • Michael Boede, MUFG
  • Jennifer Couch, PrimeRevenue, Inc.
  • Ryan Dalrymple, US Bank NA
  • Matthew Giannotti, NatWest
  • Anthony Guide, PNC Bank NA
  • Guus Huijgen, Deutsche Bank AG
  • Kerry Jordan, CIBC FirstCaribbean
  • Annina Keller, Credit Suisse
  • René Klose, Commerzbank
  • Luke Kneeshaw, Columbia Bank
  • Ryan Knoll, BNY Mellon
  • Donald Monson, Deloitte LLP
  • Katherine Mueller, INTL FCStone
  • Rodrigue Nakindavyi, Danske Bank
  • Mohammad Osman, J.P. Morgan
  • Sureen Pannagas, Société Générale
  • Abhijit Patil, State Bank of India
  • Silvio Pestalozzi, UBS Switzerland AG
  • Joshua Quigley, Bank of America Merrill Lynch
  • Chanpreet Sawhney, Wells Fargo Bank
  • Saurabh Sharma, Abu Dhabi Commercial Bank
  • Gert Sonck, ING Bank NV
  • George Stergianopoulos, HSBC Bank
  • Anton Suphal, RBC Investor & Treasury Services
  • Anthony Williams, Scotiabank

Learn more about BAFTs Future Leader Program here

About BAFT
BAFT, the leading global financial services association for international transaction banking, helps bridge solutions across financial institutions, service providers and the regulatory community that promote sound financial practices enabling innovation, efficiency, and commercial growth. BAFT engages on a wide range of topics affecting transaction banking, including trade finance, payments, and compliance. The association website is https://baft.org/.