ACE Global Markets (AGM) has opened a new US political risk and credit operation office at Los Angeles. Ray Tizabi has been appointed as new vice president of trade credit for the new office, which will serve the West Coast region.
According to ACE, the new Los Angeles-based operation will provide enhanced levels of service to existing West Coast clients and enable the firm to generate additional business in a region which offers growth potential in the trade credit area.
Mr Tizabi joins AGM from Pinebridge Investments, where he was a vice president in its leveraged loans group. Prior to this, he was west coast regional manager for AIG Global Trade Credit, for five years. He will work closely with AGM’s teams in London, New York and Singapore to support the global business.
Julian Edwards, head of political risk and credit product line at AGM, said: Ray’s appointment to lead the West Coast operation reinforces our strategic focus to build our capabilities in this region.”