Representing International Transaction Banking

BAFT is the leading global trade association representing the international transaction banking community. Bringing together bankers, service providers, regulators and industry stakeholders, BAFT offers a vehicle for a global community of professionals involved in trade finance, payments, liquidity, compliance and related interests.

Membership in BAFT is on an institutional and global basis, providing an opportunity for every individual within your organization to get engaged. As a member of BAFT, you have access to:

  • Regional and Product Leadership Councils exchanging thought leadership on strategic industry topics
  • Committees and Working Groups of like-minded practitioners working together to achieve common practices and resolution to common challenges
  • Updates on important subject matters affecting transaction banking
  • Policy papers and advocacy initiatives
  • Discounts at conferences, webinars, training & education programs
  • Membership directory of other BAFT members

Learn more how a BAFT membership can benefit you and your institution!

Ready to join? Be a member today!

Membership News

BAFT Re-elects Zion’s Mark Garfield to Lead Board of Directors

by Blair Bernstein | May 04, 2020
BAFT would like to congratulate its board officers on their re-election to the 2020-2021 association year and also welcome new directors Maurice Iskandar, Banque Libano-Française; Robert Mancini, Finastra; Nick Smit, ING; Robert Hostler, JPMorgan; and Michael Vrontamitis, Standard Chartered Bank.

WASHINGTON — BAFT, an international financial services association, announced today Mark Garfield of Zions Bancorporation will serve a second term as the chair of its board of directors for the 2020-2021 association year.  

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 as Chair of the Utah District Export Council.

"I look forward to continuing to serve as the board chair for BAFT,” said Garfield. “In a time of unusual crisis, BAFT continues to support its members by providing thought leadership, best practices, and serving as a global advocate for the transaction banking industry.”

BAFT board officers include:

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

Other directors include:

  • Maram Al-Jazireh, Arab Bank
  • Tod Burwell (CEO), BAFT
  • Maurice Iskandar, Banque Libano-Française
  • Patrick Gmür, Credit Suisse
  • Miriam Ratkovicova, Deloitte
  • Ulf-Peter Noetzel, Deutsche Bank
  • Robert Mancini, Finastra
  • Amy Sahm, Fulton Financial Corporation
  • Patricia Gomes, HSBC
  • Nick Smit, ING
  • Robert Hostler, JPMorgan
  • Steve Lotito, MUFG
  • Mark Borton, National Australia Bank
  • Jonathan Elkins, National Bank of Canada
  • Kimberly Burdette, PNC
  • Bart Timmermans, Santander UK
  • Michael Vrontamitis, Standard Chartered Bank
  • Tarik Muzaffar, TD Bank
  • Christian Stolcke, UBS
  • F. H. Ahlborn, US Bank
  • Kai Fehr, Wells Fargo

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.

BAFT Media Contact:
Blair Bernstein
+ 1 (202) 663-5468

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