ICBC Standard Bank appointed a new Head of Commodities Structuring, Asia. He will be based in the bank’s Singapore office.

As Head of Commodities Structuring, Asia, Florent Darlet will work closely with the commodities sales and trading teams to ensure the bank is providing an excellent suite of solutions for clients trading in the sector, ICBC Standard Bank said in a media release on Tuesday. He will lead the team in structuring and executing both risk-management functions and structured financing solutions for the Bank’s global client base.

He will report directly to Henry Luo, Head of Global Markets Structuring, with a line into Stephen Gargiulo, Global Head of FICE Sales and Structuring.

French Citizen

Darlet has almost 20 years of experience in structuring solutions, the last ten of which have been focused on commodities. Joining the Bank from Sberbank CIB’s Moscow head-quarters, He was most recently Managing Director of the Structured Products Group, where he was responsible for structuring all commodities-linked solutions for Sberbank’s CIS clients.

He began his career in his native France as an analyst in Merrill Lynch’s Paris office. His international path has taken him all over the world, from London and Singapore with Credit Suisse, to Hong Kong with HSBC.