ABN AMRO promotes Jacqueline Chang to regional head of commodities Asia
07 May 2014
Category: News, Asia, Singapore
By Asia Asset Management
ABN AMRO has promoted Jacqueline Chang to the newly-created role of regional head of commodities Asia, as part of an expansion of the bank’s global commodities activities within its energy, commodities and transportation (ECT) business.
She was previously head of commodities Singapore and will report to Jan-Maarten Mulder, global head of commodities and regionally to Maureen DeRooij, CEO Asia large corporates and merchant banking. She will continue to be based in Singapore.
Ms. Chang has more than 20 years of specialist experience in commodity financing and joined Fortis Bank in 2001 (which merged with ABN AMRO in 2010) as head of commodities Singapore, responsible for the commercial and operational activities of the agriculture, energy and metals commodities teams.
In her new role she will also oversee ABN AMRO’s Hong Kong commodities desk headed by Ben Cheung, as well as the recently established regional structured inventory product desk in Singapore led by Julien Moreau-Pernet, which supports the combined commodities teams.
Mr. Mulder commented: “Jacqueline’s deep experience of the Asian commodities business, coupled with her strong relationships with commodity players across the supply value chain, make her the ideal candidate to drive and grow our regional business.”
Ms. DeRooij added: “Jacqueline’s expanded new role highlights ABN AMRO’s strong commitment to its commodities clients and the expansion of our commodities business in the region. Together with her teams, she has successfully rebuilt and grown the bank’s Asian commodities franchise.”
The bank’s ECT business provides standard and structured wholesale banking services to global clients in sectors such as commodity finance, shipping, agriculture, oil and gas and offshore oil services.