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Sunday, December 4, 2011

How Your Company Can Benefit from the Right Trade Finance Advice!!

Meet John McArthur from Citi Trade Products!!


 

JOHN MCARTHUR

John McArthur is a Vice President and covers the northeast region for Citi's Trade Products Sales.  John is responsible for Citi's Middle Market Trade business.  

John has over 20 years of International Banking experience and spent several years in Asia financing exports to the USA. John started his career with Citibank’s Middle East Africa’s Trade Division financing large commodities.  He later joined Standard Chartered Bank’s Trade Sales group. During his time at Standard Chartered John was stationed in Asia, and worked with many large US retailers buying offices. John returned to the US and worked in Citibank’s Global Transaction Services Division (GTS). During his role in GTS, John financed sales of several aircraft to Africa and Asia, Commodities, and helped development organizations (Non Profit) with their “Food Monetization” programs. John has done extensive trade training to corporations as well as Non Profit Organizations. John has an MBA in Marketing from Adelphi University.

One of John’s Citibank clients’ is a dairy company. They traditionally sold dairy products domestically. In 2009, this clients’ revenue was off 55% and falling. They knew that they needed to find new markets. The Citibank Relationship Manager called John to meet with the client, because of John’s International experience. John put them in touch with an agent, and provided counsel on mitigating risk when selling into foreign markets. This client is currently selling products in 23 countries around the world, and their international sales are dwarfing their domestic sales.    

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