February 18, 2020 – Toronto, ON, Canada – GlobalTrade Corporation is pleased to announce that it is making management changes to accommodate its rapid growth and introduction of new products and services. Nick Pachnev former CTO has been appointed as interim CEO. Jacob Katsman former CEO will remain Director of the Corporation and will spend most of his time in Europe closer to the company’s client base and focus his attention on further growing GTC’s business in Asia and Middle East. Amanda Wang has been appointed as new Vice President Finance.
Prior to the appointment, Nick was leading research and development, product design, SaaS operations as well as client implementations. As an interim CEO Nick will focus on further strengthening company’s operations to support its growing number of customers, long-term corporate expansion and roll-out of new products and services.
“Jacob and I founded GlobalTrade Corporation and developed it into a global leader for corporate trade finance solutions”, said Nick. “I am honored to be taking on the role of an interim CEO. I am looking forward to accelerating the company’s progress by leveraging our strong market position, loyal customers, and an expanding portfolio of products and services.”
“After 20 years running the day to day operations of the business, I have decided to focus on what I love to do best which is business development and building strategic initiatives, that can further grow shareholder value of our corporation,” said Jacob Katsman. “Our company will be making further hires in the near future to support the growth of its Trade Finance Exchange business and other digitization services that will be announced in the near future,” Katsman added.
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
Mitesh Patel
Tel: +1 (416) 661 8520
E-mail: info@globaltradecorp.com