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Press Release

Ron Wells Joins GTC as Executive Director for UK

Toronto, Canada, January 27, 2014 -
Ron Wells
Ron Wells
GlobalTrade Corporation (GTC) is pleased to announce that Ron Wells has joined GTC as Executive Director for the United Kingdom. Previously Ron held senior credit management positions with Chevron, RBS Sempra/JP Morgan Europe and Cargill. He also worked as a Senior Advisor at Standard Chartered Bank, and served on the GTC Advisory Board. Ron is a Chartered Global Management Accountant (CGMA) and a Certified Credit Executive (CCE). As GTC’s Executive Director Ron will be responsible for business development in the UK and will assist with the implementation of projects in the UK and Europe.

“I am very pleased that Ron has agreed to take an active role in growing our business in the UK” said Jacob Katsman, GTC’s CEO. “Having known Ron for over 12 years I can say without doubt that he is a global authority on credit management and has a brilliant mind. Our clients will certainly benefit from Ron’s knowledge and experience.”

Ron commented; “I am pleased to have this opportunity to spread the word about GTC’s user friendly and effective suite of products. They are designed to meet the needs of even the largest and most complex companies efficiently and cost effectively. Proof that GTC delivers its promise and delights its customers is provided by the positive and enthusiastic feedback volunteered by such respected corporate groups as Airbus Group (formerly EADS), Volvo, GE Oil & Gas, and UniCredit.”

About Ron Wells

With a broad range of international experience in bank corporate lending, trade finance and physical commodity corporate credit, Ron has successfully fused trade finance tools with traditional counterparty risk management practices to create solutions. This has been made possible by the expansive business knowledge base that he has accumulated, which is constantly updated by reading, research and attending courses. Ron has built a wide network of essential contacts through active membership of various professional associations, such as the International Energy Credit Association (IECA) and the Finance, Credit and International Business Association (FCIB). Ron is the author of ‘Global Credit Management an Executive Summary’ (published by John Wiley & Sons) which was well received by credit risk practitioners and CFOs in Total, LUKoil (LITASCO), Noble Group, and Louis Dreyfus. The book has been published in Chinese and proved popular amongst students and finance executives in the People’s Republic of China and Singapore. Ron has delivered numerous presentations in China, Singapore, Europe and the USA, and written many published articles on credit topics. Believing that worthwhile, seemingly impossible objectives may be obtained, by persistently maintaining a ‘can-do’ attitude, Ron is able to help to turn the credit risk management function of a trading entity into a dynamic force. A force equipped to significantly increase net profits, cash flow and liquidity safely.

About GTC

GlobalTrade Corporation (GTC) is a software developer and application service provider whose product solutions improve the world of trade finance and trade services. The @GlobalTrade systems help buyers, sellers, traders, and financial institutions communicate faster and more efficiently while reducing risk and improving monitoring and control. Their customers include both business enterprises that need consolidated access to multiple banks as well as financial institutions that require supply chain finance solutions to meet their clients' needs. @GlobalTrade™ is a registered trademark of GlobalTrade Corporation. For more information please visit www.globaltradecorp.com

Media Contact

GlobalTrade Corporation
Marina Heimitz
Tel: +1 416 661 8520
info@globaltradecorp.com