NEW YORK, July 12, 2016 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (NASDAQ:INTL), a diversified global financial services organization delivering execution and advisory services in commodities, currencies, and securities, today announced that its wholly owned subsidiary, INTL FCStone Pte Ltd., has hired Jason Bray to lead its dairy practice in the Asia-Pacific region. Bray will work from INTL FCStone’s office in Singapore.
“Jason’s impressive record of performance across each facet of our industry makes him the ideal person to serve our customers in the Asia-Pacific region and grow our practice in this quickly emerging market,” says Robert Chesler, Vice President, Foods Group of the FCM Division of INTL FCStone Financial Inc. “He has extensive experience in both physical and financial trading, and in relationship-building among suppliers. More importantly, the time he has spent as a buyer gives him the perspective to help our customers understand the market from multiple angles, and develop more effective strategies for managing their risk.”
Before joining INTL FCStone, Bray served as APAC dairy buyer for Barry Callebaut, the world’s largest chocolate manufacturer. Prior to that, he served in a number of roles with Fonterra, the world’s largest dairy cooperative, including as a trader on the firm’s commodity risk and trading team, and as an operational planner in cream sales.
“As a former client, I have first-hand experience with the exceptional level of service and expertise that the INTL FCStone’s dairy group brings to bear in building long-term relationships with its customers,” says Bray, whose responsibilities will include assisting clients with risk management, providing market analysis and educational opportunities for the wider Asia-Pacific marketplace, and charting the strategic direction of the dairy practice in the region. “I am excited for the opportunity to bring that same level of energy, excellence and commitment to serving this fast-growing marketplace,” he adds.
The addition of Bray is the latest example of INTL FCStone Inc.’s ongoing commitment to building out its service infrastructure in the Asia-Pacific region. The dairy trade in this region has grown exponentially, based on the volume of dairy products moving through the New Zealand Exchange. Currently, INTL FCStone’s clients account for the majority of that volume, and the dairy group’s goal is to maintain its present level of market share in the region, even as that market continues to grow.
Bray is joined in the company’s Singapore office by Charly Chai, an accomplished food industry professional with experience in physical trading, logistics management and sales. Prior to joining INTL FCStone, Chai worked for Davisco Foods International both in the U.S. and in Singapore. At Davisco, he served as Southeast Asia sales manager, international logistics manager, and international logistics and customer care coordinator in succession. Chai began his career at Cargill, Inc. as a data analyst.
About INTL FCStone Inc.
INTL FCStone Inc., including its subsidiaries, is a leader in the development of specialized financial services in commodities, securities, global payments, foreign exchange and other markets. Our revenues are derived primarily from financial products and advisory services that fulfill our clients' real needs and provide bottom-line benefits to their businesses. We create added value for our clients by providing access to global financial markets using our industry and financial expertise, deep partner and network relationships, insight and guidance, and integrity and transparency. Our client-first approach engenders trust, and has enabled us to establish leadership positions in a number of complex fields in financial markets around the world.
Further information on INTL FCStone is available at www.intlfcstone.com.