On the wires: Can electronic bills of lading transform global trade?
…eBL is complex, hot property.
Trade finance and facilitation services provider Bolero International has announced that Andrew Raymond (pictured above) has been promoted to chief executive.
Mr Raymond joined Bolero in August 2017, as global sales head. He has over 20 years’ sales and client management experience with leading solution providers such as FIS, Algorithmics and Smartstream, with a background in the capital markets and transaction banking field.
Daniel Cotti, Bolero chairman, said: “Andrew has a proven track record of delivering client-focused product innovation. Bolero’s next step is to provide new and innovative apps which will leverage and open up Bolero’s unique capabilities.”
Mr Raymond added: “The trade finance space presents unprecedented opportunities for Bolero to collaborate closely with clients, partners and industry initiatives to provide compelling and easy to use applications that drive value to our clients.”
Present chief executive Ian Kerr leaves Bolero after five years at the helm. Mr Cotti said: “The board would like to thank Ian for his contribution. It is thanks to Ian’s industry engagement that Bolero is well positioned to participate in the various new industry initiatives and business networks.”