Agent of Change

BACB’s Treasury on Navigating Frontier Markets

The life of a bank treasurer can be quite different to that of their corporate colleagues. In this second look by TMI at the reality of the role, Vikram Yadav, Head of Treasury, British Arab Commercial Bank (BACB), reveals how his department is a vital component in this UK-incorporated international wholesale bank’s support of trade flows to and from Africa and the Middle East.

As a material risk-taking activity, and a critical balance-sheet management function, running a bank treasury calls for specialist skills, experience – and composure. Having most recently served as Corporate Treasurer at SMBC Nikko Capital Markets, and previously held positions of Chief Risk Adviser at FXGuard, Treasurer for RBS N.V., and EMEA Treasurer for RBS Group, Yadav has the focused knowledge and background necessary to support BACB’s steady and sustainable growth in the region.

BACB’s primary goal is to facilitate the flow of commodities trade between African markets and Europe, a role it has fulfilled since it was founded in 1972. As part of its remit, it aims to help banks and corporates in emerging markets access the international markets.

In addition to providing a range of liquidity solutions, BACB acts as a correspondent bank, backing client trades that touch the UK – typically confirming LCs and providing trade financing – while also maintaining its own network of correspondent partners to facilitate trade activities in other regions.

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