Axendo is pleased to announce the appointment of Bulut Bakla as Head of Trade Credit Solutions in a key development set to drive the expansion of our global operations. The appointment enhances our capabilities and further strengthens our expertise in navigating global trade and delivering strategic trade credit solutions.
Bulut Bakla brings proven expertise with over 20 years of experience in the trade finance industry. His track record includes successfully arranging complex commercial structures, with a particular specialisation in originating and trading commodity related bank debt.
Prior to joining Axendo, Bakla held senior positions at leading commodity companies and financial institutions such as Noble Group and Sumitomo Mitsui Banking Corporation. Most recently, Bakla served for four years as the Head of the Commodity Enhanced Finance function for European Gas & Power, Trading & Shipping at BP in London. His accomplishments during this period underscore his industry expertise and proven track record.
Bringing a global perspective, Bakla will focus on providing senior advisory and commercial solutions to both public and private sector clients. His experience and industry knowledge further supports Axendo’s focus on innovation and customer service, powering the company’s strategic direction and service offerings with new opportunities for clients and stakeholders.
The appointment follows Axendo’s recent expansion to its new UK headquarters at 1 Cornhill in London. Located at the heart of the UK’s financial markets, it provides unparalleled access to the banking sector and financial institutions.
“I am delighted to be joining Axendo in a leadership role at a time when the company is driving its global expansion and the need for multi-disciplinary commercial solutions in global trade credit is becoming increasingly valuable as a solution to offset financial liquidity constraints,’’ Bakla stated.
“I have followed the company’s development over the past seven years, and I believe Axendo’s proven success in integrating commodities trade, procurement and trade credit aligns perfectly with my goals to deliver a comprehensive offering with smart solutions and exceptional service to clients across three continents’’ explained Bakla.
Joining an established team of international trade professionals operating in Africa, Europe, and the Middle East, Bakla’s expertise reinforces Axendo’s position as a leader in the global trading, commodities, and procurement industry.