ICBC Standard Bank Plc has appointed Florent Darlet as head of commodities structuring, Asia.
As head of commodities structuring, Asia, Darlet will work with the commodities sales and trading teams on solutions for clients trading in the sector. He will lead the team in structuring and executing both risk-management functions and structured financing solutions for the bank’s global client base.
Darlet will be based in ICBC Standard Bank’s Singapore office and will report directly to Henry Luo, head of global markets structuring, with a line to Stephen Gargiulo, global head of FICE sales and structuring.
Darlet has almost 20 years of experience in structuring solutions, the last 10 of which have been focused on commodities. Joining the bank from Sberbank CIB’s Moscow headquarters, Darlet was most recently managing director of the Structured Products Group, where he was responsible for structuring all commodities-linked solutions for Sberbank’s CIS clients.
Darlet has a proven track record in driving innovative structured commodities finance. While at Sberbank he pioneered their commodities structured financing platform, and designed and launched the bank’s domestic commodities trading entity. Darlet began his career in his native France as an analyst in Merrill Lynch’s Paris office. His international career has taken him all over the world, from London and Singapore with Credit Suisse, to Hong Kong with HSBC.