Mr. André Soumah
Mr. Soumah established ACE Global, a collateral control management company, in 1996.
Today ACE GLOBAL Depository is one of the world's major collateral control organizations, and the leader in providing field warehousing, collateral management, secure distribution, field audits, inspection, supervision and monitoring mainly in emerging markets.
The firm operates in 46 countries and manages more than US$ 9 billion in assets for 172 financial institutions worldwide.
Mr. Soumah started his career as a banker with Chase Manhattan Bank, NY, served as special advisor for Africa at La Compagnie de Trésorerie, Benjamin de Rothschild before founding ACE-Global.
An expert in Commodity Finance, Price and Risk Management and financing of Supply Chains
, Mr. Soumah
has consulted and acted as an expert for International Organizations
such as the WTO
, UNCTAD, UNIDO and ITC.
Access to finance in the developing world is an issue Mr. Soumah
has written and spoken on expensively, highlighting the need to provide innovative solutions to short term trade finance needs through structured finance secured by field warehouse receipts.
French national Mr. Soumah holds a Master's of Science in Management from Arthur D. Little Management Education Institute.