Mr Serge de Beaufort decided to retire, accordingly the Board of Directors held on 28 May 2014 appointed Mr Aymeric de Reyniès, Chief Executive Officer of U.B.A.F., for a four year term as of 1st July 2014.
U.B.A.F. S.A. is a French registered bank established in 1970. Its shareholders originate from 19 Arab countries along with Crédit Agricole Corporate & Investment Bank. U.B.A.F. activity focuses on financing the trade between Asia, Europe and the Middle East.
With its international network in Asia, in the Arab World and in Europe, U.B.A.F. has become a key player in the area of Trade Finance with Arab countries.
U.B.A.F. is able to meet with the needs of both importers and exporters and to secure the flows of payments and goods from industrial or trade commodity companies.