BancTrust & Co. Investment Bank, a London-based emerging markets investment bank, has announced the formation of its securities finance team, which will be spearheaded by Tanweer Khan.
Khan, who has been involved in the securities finance industry for more than two decades, will join the company as managing director, head of global securities finance and will report to head of global markets and BancTrust board member, Dean Tyler.
Prior to joining BancTrust, Khan was head of credit and emerging markets at UniCredit for five years.
He was also the global head of repo and collateralised financing at Standard Chartered Bank. In this role, Khan built the secured financing business from scratch across the Standard Chartered Group, overseeing its growth to a balance sheet of more than US$30 billion.
Earlier in his career, Khan built and ran various secured financing businesses across UBS, Credit Agricole and Dresdner Bank.
Commenting on the announcement, Tyler says: “I am thrilled to have a veteran of Tanweer' s calibre to spearhead our securities finance effort and I am sure he will repeat his previous successes here at BancTrust.”
CEO Carlos Fuenmayor adds: “I am delighted yet another business line has been added to the BancTrust suite of products, as we continue our mission to service clients in frontier and emerging markets and deliver exceptional value.”
