Zurich, 7 February 2024 - After the successful establishment of TradeXBank as an independent bank focused on commodity trade finance, the Board of Directors has appointed Camille Sednaoui as its new Chief Executive Officer effective 1st of January 2024.

Camille Sednaoui has extensive experience in the transactional commodity finance sector having been in that business for more than 30 years. He will be responsible to execute on the firm’s strategic growth plans and establish TradeXBank as a financial service provider in the commodity trade finance business. Camille Sednaoui joins the bank from Crédit Agricole Group where he was heading the International Trade and Transaction Banking department in Switzerland.

Christian Luescher, Chairman of TradeXBank and former Swiss member of parliament says: “We are very pleased to announce Camille as the new CEO of TradeXBank. His longstanding experience, strong reputation and roots in the Swiss financial market and his many achievements in the Commodities and Trade Finance Market make him the ideal CEO to re-establish our bank as a strong player in the market.”

Camille Sednaoui says: “I’m convinced of the high potential and strong franchise of the bank. There is high demand in the market for an agile Swiss bank like TradeXBank, that is serving its clients with bespoke solutions. We are committed to further grow the business without compromising risk and compliance.”