Banker Joep Gorgels is upbeat about ABN Amro’s future in ship finance after the doors shut on its Asian and US shipping desks in 2022.
He believes the Dutch bank can focus on its European business, which makes up the lion’s share of its €9bn ($10.6bn) shipping portfolio.
“We will focus on winding down the portfolios and the teams in New York and Singapore,” said Gorgels, who has headed ABN Amro’s global transportation and logistics division for two years.