EFIC adds two

AustraliaÆs export credit agency recruits two senior executives from investment banking ranks.
Peter Field and Stuart Neilson have been hired by AustraliaÆs Export Finance and Insurance Corporation to help the agency fulfill its mandate of supporting the growth of Aussie companies overseas.

Field takes on the combined role of executive director of origination and portfolio management with the task of improving client service. ôWe are on track for significant volume growth this year and we took this opportunity to combine the origination and portfolio management teams of EFIC to improve EFICÆs client service and risk management,ö says the agencyÆs managing director, Angus Armour.

Field was previously head of global banking at Deutsche Bank in Sydney and has also held a number of roles with Westpac and Lloyds Bank in Sydney, London and Hong Kong.

Meanwhile, Stuart Neilson fills the role of chief financial officer at EFIC having also come from an investment banking background. He was once regional executive in global financial operations and COO at JPMorgan in Australia and chief financial officer for Lloyds Bank NZA.

Commenting on NeilsonÆs appointment, Armour says: ôEFICÆs mandate creates a complex operating environment with diverse and significant exposures in many parts of the world. StuartÆs experience in this area will be a valuable addition to the executive.ö
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