PERTH, AUSTRALIA — Paul Smith has been appointed chief marketing and trading officer for CBH Group, effective immediately, the Australian company announced on Oct. 10.
With Smith’s more than two decades of experience in various trading roles, CBH Chief Executive Officer Ben Macnamara said Western Australian grain growers could be confident CBH’s Marketing and Trading division was in capable hands.
“Paul has been with CBH for 13 years, managing our pool, commodity swap and grower finance products over the past 10 years as head of structured products,” Macnamara said. “His knowledge of the marketing and trading business and its key markets and strong leadership skills made him an outstanding candidate, and I have every confidence he will lead the team to deliver significant value for WA growers and customers.”
Prior to joining CBH, Smith spent 10 years in the banking industry with trading roles at BankWest in Perth and Lloyds Bank in Sydney where he was responsible for trading portfolios across a variety of asset classes, including foreign exchange, interest rates, and commodities. He is also a regular guest lecturer for agribusiness students at Curtin University and has a family connection to the agriculture industry.
“I’m extremely proud to be taking on such an exciting role in an industry that I am so passionate about,” Smith said. “I’m looking forward to working with our growers and key international customers to take WA’s world class grain products to markets across the globe.”
CBH Group is Australia’s largest cooperative and a leader in the Australian grain industry with fertilizer to grain storage, handling, transport, marketing and processing operations. CBH Group has a network of more than 100 grain receival sites across Western Australia and four export port terminals.