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It's my pleasure to lead Commerz Trade Services (CTS) as CEO and to have contributed to the significant transformation of the Company over the last several years. Commerzbank's DNA is trade finance and certainly this was the reason why CTS has been founded 2012 in Malaysia (Kuala Lumpur). Our initial purpose was to provide fast and high-quality services in the trade finance space to our institutional clients globally.
Over time, CTS has developed into a global shared service center that covers a wide range of operational services, support functions in IT services. 2021 headcount doubled (> +130%) > 250 staff, in order to cater for the new strategy of Commerzbank AG in which more services will be centralized in strategic hubs to contribute to an overall higher profitability. The market coverages span from APAC to Europe and our key market Germany for which CTS is providing services.
I am proud of the significant growth and the Management Team in charge of CTS KL and certainly convinced that the new strategic targets will be met. The cooperation and collaboration with our clients have always been an instrumental driver to meet our ambitious targets. At the same time our most important assets are our staff and the transformational shift will only be successful if we adhere to our defined core values and ultimately continue to function as a team.
I sincerely thank our employees and business partners globally. With our commitment, trust, loyalty and know-how each of you contributed to the success story."
On behalf of the Management Team
Commerz Trade Services Sdn. Bhd.
Chief Executive Officer
Commerz Academy of Trade (CAT) established in 2015 embodies Commerz Trade Services (CTS) as a training institution to develop and groom talents to explore their career opportunities within the International Trade Finance sector.
We believe in prodigious organizational development through well trained employees with enhanced skills, capabilities and knowledge are more productive and provide a better quality performance. The mission of CAT is to emerge a strong internal learning system that aligns culture to our organizational structure, process, leadership behaviours, measurements & rewards.
CTS through its CAT engages fresh graduates as Corporate Trainees and will be coached and mentored by Subject Matter Experts across various functions in trade finance environment for a period of 6 months. Upon the training completion, suitable Corporate Trainees will be offered permanent placement in CTS. As of 2021, the placement rate is above 90% and the Corporate Trainees emerged as an independent and qualified Trade Finance Professional over the years.
We have a proven track record to host various FI seminars with partner banks.
We are the leading global trade finance academy.
Progressively nature talents and influencing the future through sustainable career development.
We tailor your development.