Traydstream has appointed Citi Bank’s former – Head of Trade for Europe, Middle-East & Africa (EMEA), Sameer Sehgal, as its Chief Executive Officer CEO. Traydstream said that Sehgal brings over 22 years’ expertise in trade, having held several senior roles over the years. Traydstream improves trade finance by digitizing and automating the trade documentation process, offering all counter parties greater efficiency and control. The platform may be utilized by both large and small businesses.
Traydstream’s Co-Founder and Chief Operating Officer (COO), Uzair Bawany, said of the hire,
“In Sameer we have one of the leading figures in global Trade Finance; his appointment is invaluable to us in charting a course for the exciting future for our business”.
Sehgal will lead Traydstream through a crucial period for the company, with its first programs beginning with banks over the third and fourth financial quarters of 2017.
Sehgal has an impressive banking background, having worked in a number of senior roles internationally. Sehgal is said to be recognized as a business builder, who brought in a slew of new capabilities to Citi EMEA, including expansion into Supply Chain Finance, Export and Agency Finance, Shipping, Commodities Finance and lately Sales Financing.
Sameer Sehgal has commented on the appointment,
“I am delighted to be joining the Traydstream team; Digitisation and Automation in Trade is long overdue and Traydstream’s solution is refreshingly creative. The technical tools at hand today promise to redefine International Trade and Commerce. It’s a fascinating time to be in the industry and working on these game-changing innovations,” said Sehgal