About Us

Learn more about our mission and history, who we are, what we do and meet some of the faces behind the industry’s preeminent international transaction banking association.

Who we are

BAFT is the leading global forum for bringing the financial community, its solution providers and stakeholders together to collaborate on defining best market practices that facilitate efficient delivery of trade and cash management products and service offerings for their clients. 

BAFT celebrated its centennial anniversary in June 2021. Steve Bash, former BAFT Chairman of the Board & Senior Vice President and Manager, International Banking and Trade Finance, City National Bank, narrates the 100 year history of BAFT from its founding until today.

Celebrating 100 years of leadership in finance and trade.

The Preeminent Transaction Banking Association

BAFT provides unmatched advocacy, thought leadership, education and training, and a global forum for international transaction bankers across the industry.

Our expertise is focused on the areas of trade finance, payments, compliance and regulations.

For 100 years, BAFT has played an important role in expanding markets, shaping regulatory and legislative policy, developing business solutions and preserving the safety and soundness of the global financial system.

Our History

Founded in 1921 as the Bankers Association for Foreign Trade, BAFT brought together the international departments of 10 banks located in the Midwestern United States to collaborate on common issues and concerns of their international trade customers. When a group of bankers in New York met in 1924 to discuss ways to expedite the business transactions between themselves and their foreign correspondents, they ultimately formed the International Financial Services Association (IFSA). Since 2010, the two groups have operated as one and officially rebranded to BAFT, or the Bankers Association for Finance and Trade, in 2014.

BAFT took a major step forward in 2001 establishing its International Advisory Council to support interests of its growing community of global banks with a presence in the US market, and also established a European Advisory Council to organize efforts to support its European membership. In 2002, BAFT became an independent, wholly owned subsidiary of the American Bankers Association (ABA). With this additional support, the organization’s global growth continued, and BAFT now operates councils throughout the world.

What we do

Mission

BAFT is the leading global industry association for international transaction banking. It helps bridge solutions across financial institutions, service providers and the regulatory community that promote sound financial practices enabling innovation, efficiency and commercial growth.

BAFT works to shape policy, establish best practices, and deliver education and training to its member institutions and the industry at large. Most importantly, BAFT continues to be a valuable resource for bringing together stakeholders across the transaction banking ecosystem to effectively collaborate in solving common issues.

Strategic Pillars

Delivering Value Through

Board of Directors

Officers

Maram Al-Jazireh
Maram Al-Jazireh
Chair

Arab Bank

Suresh Subramanian
Suresh Subramanian
Vice Chair

BNP Paribas

Amy Sahm
Amy Sahm
Secretary/Treasurer

Fulton Bank

Mark Garfield
Mark Garfield
Past Chair

Zions Bancorporation

Tod Burwell
Tod Burwell
President & CEO

BAFT

Ihunanya Onuoha
Ihunanya Onuoha
Africa Council Co-Chair

Access Bank

Kevin Holmes
Kevin Holmes
Africa Council Co-Chair

Standard Bank

Mark Borton
Mark Borton
Asia Council Co-Chair

National Bank of Australia

Patrick Havander
Patrick Havander
Europe Council Co-Chair

Nordea

Bart Timmermans
Bart Timmermans
Europe Council Co-Chair

Santander

Jonathan Elkins
Jonathan Elkins
North America Council Co-Chair

National Bank of Canada

Aaron Zynczak
Aaron Zynczak
North America Council Co-Chair

First Citizens Bank

Andreas Meletiou
Andreas Meletiou
MENA Council Co-Chair

Mashreq

F. H. Ahlborn
F. H. Ahlborn
Director

U.S. Bank

Philip Bowkley
Philip Bowkley
Director

Barclays

Patricia Gomes
Patricia Gomes
Director

HSBC

Robert Hostler
Robert Hostler
Director

J.P. Morgan

Maurice Iskandar
Maurice Iskandar
Director

Banque Libano-Française

George Lee
George Lee
Director

Standard Chartered

Steven Lotito
Steven Lotito
Director

MUFG

Robert Mancini
Robert Mancini
Director

Finastra

Tarik Muzaffar
Tarik Muzaffar
Director

TD Bank

Ulf-Peter Noetzel
Ulf-Peter Noetzel
Director

Deutsche Bank

Miriam Ratkovicova
Miriam Ratkovicova
Director

Deloitte

Nick Smit
Nick Smit
Director

ING

Christian Stolcke
Christian Stolcke
Director

UBS

Paul Taylor
Paul Taylor
Director

Bank of America

Staff

Tod Burwell
Tod Burwell
President & CEO

+1 (202) 663-5252
[email protected]

Blair Bernstein
Blair Bernstein
Director, Public Relations (Media Contact)

+1 (202) 663-5468
[email protected]

Melissa Edwards
Melissa Edwards
Manager, Education and BAFT Connect

+1 (617) 733-1984
[email protected]

Carleen Hadley
Carleen Hadley
Representative, Europe

+44 13 0662 1039
[email protected]

Shawn Haynes
Shawn Haynes
Vice President, Operations and Business Management

+1 (202) 663-5640
[email protected]

Alejandra Herron
Alejandra Herron
Senior Graphic Designer
Kathryn Hoch
Kathryn Hoch
Director, Events and Programs

+1 (202) 663-5536
[email protected]

Matthew Kaitz
Matthew Kaitz
Director, Business Development

+1 (202) 663-5463
[email protected]

Gregory Kramer
Gregory Kramer
Senior Director, Data, Digital Strategy and Governance

+1 (202) 662-5233
[email protected]

Nancy Monahan
Nancy Monahan
Senior Director, Membership

+1 (202) 663-5530
[email protected]

Steve Nichols
Steve Nichols
Representative, Asia

+65 9323 3336
[email protected]

Diana Rodriguez
Diana Rodriguez
Vice President, International Policy

+1 (202)-663-5514
[email protected]

Arlene Sanchez
Arlene Sanchez
Vice President, Marketing and Events

+1 (202) 663-5532
[email protected]

Shayda Windle
Shayda Windle
Manager, Marketing and Communications

+1 (202) 663-7636
[email protected]