HSBC has appointed Ajay Sharma as the new head of global trade and receivables finance for Asia. Sharma is currently the joint head of international subsidiary banking (ISB) in Hong Kong. Previously, he was the managing director for Asia Pacific corporate finance global subsidiary business in Citibank.

Sharma will report into both Stuart Tait, regional head of commercial banking in Asia, and Natalie Blyth, global head of trade and receivables finance.

Bank of Tokyo Mitsubishi UFJ

Bank of Tokyo Mitsubishi UFJ has hired Shirish Garg as SVP supply chain finance sales for Asia and Oceania. Garg joins from Standard Chartered where he was the global product manager for supply chain finance.


UniCredit has recruited Luca Corsini as the new global head of trade finance. Corsini joins from Deutsche Bank where he has headed the EMEA trade finance team since 2006. Prior to Deutsche Bank, Corsini worked in trade and export finance for ABN Amro and Barclays.

UniCredit has also appointed Elena Belli as head of global transaction banking (GTB) business management. Belli has been with UniCredit since 2001 and more recently was the head of enterprises marketing Italy.

Corsini and Belli will both report to Claudio Camozzo and Jan Kupfer, co-heads of GTB.