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The Australian arm of global foreign exchange (FX) and trade finance fintech Ebury appoints experienced financial markets operative Toby Farrow as Queensland state sales manager.
Toby Farrow brings with him more than 20 years of financial services experience in the UK, Ireland and Australia.
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The move is part of the company’s expansion north to Brisbane, after building out its physical presence in NSW and Victoria, Ebury Asia-Pacific managing director Rick Roache said.
Mr Roache said the development was part of the company’s plans to step up the level of FX and trade finance support it provided to Queensland companies.
“The addition of Toby and increased investment will significantly boost the company’s capacity in the Queensland market,” Mr Roache said.
“Ebury has built a reputation as a market leader with our core products of spot FX, hedging, cash management and trade finance for importing and exporting SMEs.”
The global non-bank lender entered the Australian credit space in 2019 and mainly focuses on financial solutions for SMEs and mid caps, and partnered with Earlypay last year to provide SMEs and broker clients access to a wider range of financing and FX solutions.
Mr Farrow said he was excited to be joining Ebury for the next stage of its Australian growth trajectory.
“There is a strong need for Ebury products and capabilities right across the state,” Mr Farrow said.
“I look forward to assisting Queensland exporters and importers as they look to keep up with the opportunities presented by the rapidly expanding local and recovering global economy.”
Prior to joining Ebury Mr Farrow spent 12 years at Westpac in Sydney dealing and selling FX, interest rate and commodity risk management solutions to commercial and corporate clients.
In 2018 he relocated to Brisbane and joined the markets and trade finance team at Bank of Queensland, spending the last few months as acting general manager of the department.
[Related: Ebury partners with business lender]
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