* Hires 3 former Cargill employees
* Expands physical and financial steel, iron ore, coal trade
* Secured 2 iron ore offtake deals
LONDON, Jan 19 (Reuters) – Standard Bank is
expanding its bulk commodities team in Singapore with three new
hires that will focus on steel and steel raw materials trading,
it said on Thursday.
Africa’s biggest bank by assets has appointed Cargill’s
former head of steel raw materials business, Carene Teo, as head
of the steel complex.
It has also hired former Cargill traders Cheam Dar
Shyh and Frankie Khor, who are steel and steel raw materials
specialists.
The bank had previously appointed Damon Buckley, a former
Deutsche Bank and BHP Billiton employee, to
head its physical iron ore business in Singapore.
Continued…
