Ace appoints Hudson to a new position
In a significant move, Ace Global Markets has announced the appointment of Julian Hudson as the Chief Development Officer in London. Hudson, who spent over seven years as the regional manager for political and credit risk at Ace in Singapore, is set to oversee and coordinate the group's distribution strategy across three product groups in his new role.
Hudson's responsibilities will primarily focus on promoting Ace's political risk and trade credit insurance products. He will report directly to the head of Ace's product line, Julian Edwards. Hudson's move from Singapore to London marks a return to the city where he previously worked before his stint in Asia.
Meanwhile, Steve Capon, who was the regional manager for political and credit risk at Ace in Singapore, has taken over Hudson's previous role. Capon, who is now responsible for the political and credit risk management in Ace's Singapore office, has relocated from London to Singapore to assume his new position.
In Capon's absence, Ace's Singapore office has a new head of country and credit risk management, political risks and credit. Capon's move leaves a vacancy in the London office, which Hudson is now filling.
Elsewhere, Ace Global Markets' counterparts are making headlines. Stronghold Global Finance is in liquidation and facing court action. Meanwhile, UK Export Finance plans to increase defence lending to £10bn.
In other trade finance news, BII has launched a US$50mn trade finance package with Ghana International Bank. Additionally, UK watchdogs have issued alerts to banks regarding the Russian oil network, signalling increased vigilance in the sector.
However, it is worth noting that the search results do not reveal any information about a specific person named Julian Hudson or his role in Ace Global Markets. Similarly, there is no connection to "Ace Global Markets" found in the results.
In a separate development, Kimura is facing a significant shortfall due to the collapse of a commodity trader. This incident underscores the importance of robust risk management strategies, a domain in which Hudson and Capon have proven expertise.
Julian Hudson, in his new role as Chief Development Officer, will emphasis on promoting Ace Global Markets' political risk and trade credit insurance products within the finance industry. His expertise in trade finance, previously demonstrated as the regional manager for political and credit risk, will be instrumental in achieving this.
