Deutsche Bank has announced the
appointment of Andreas Voss as the Head of Trade Finance for Financial
Institutions in sub-Saharan Africa in addition to his current role as
Head of Global Transaction Banking West Africa and Chief Representative
of Deutsche Bank AG’s Lagos Representative Office.
Based in Lagos, Voss will be responsible
for driving the development and execution of Deutsche Bank’s TFFI
growth strategy in sub-Saharan Africa for trade finance business
directly originated from financial institutions. He will also support
Deutsche Bank’s corporate teams to promote trade financing in the
region, according to a statement.
Commenting on the appointment, Chief
Executive Officer Middle East & Africa, Jamal Al Kishi, said,
“Andreas has led our franchise in Nigeria admirably since joining
Deutsche Bank a few years ago. This promotion is a fitting recognition
of his leadership and contributions.
“His expertise and broader involvement
will help us to grow and further develop our financial institutions
business in general and the TFFI sector in particular.”
Deutsche Bank’s Global Head of TFFI,
Ulf-Peter Noetzel, stated, “This appointment highlights the importance
of Africa, and in particular Nigeria, to Deutsche Bank’s trade finance
business. The bank is looking to further develop its business with
select African clients and through Andreas’ expanded role, we aim to
enhance our focus on supporting financial institutions on a broader base
in sub-Saharan Africa.”
According to the statement, Voss has
been with Deutsche Bank since October 2015. He joined Deutsche Bank from
Deutsche Investitions-und Entwicklungsgesellschaft (DEG) and brings
more than 14 years of experience in the financial sector.
Prior to DEG, Voss worked in the
corporate and project finance industries with German commercial banks.
Until the end of 2014, he was based in Ghana as Regional Director of
DEG’s office in Western Africa.
Deutsche Bank first established a
presence in Nigeria in 1978. The representative office in Lagos supports
and assists its correspondent banking activities, which it offers to
many Nigerian financial institutions. Deutsche Bank has also played key
roles in various financial advisory and restructuring projects and in
helping Nigerian counterparties raise finance.
