UK Export Finance appoints first India representative
UK Export Finance (UKEF), the world’s oldest expert credit agency, has appointed Rahul Tabhane as Country Head for India.
Rahul will work with other UK government departments and Indian counterparts to improve awareness of UKEF and support trade relations between the UK and India. He will be based out of the British Deputy High Commission in Mumbai.
On taking charge as UKEF Country Head for India, Rahul Tabhane said:
I am delighted to join UKEF and to play a direct role in strengthening the trading relationship between the UK and India. The UK’s expertise in a wide range of sectors, has the potential to play a key role in the development of India’s rapidly growing economy. I look forward to seeing the results of closer collaboration between the two countries.
Rahul is UKEF’s first representative in India. He is an experienced export credit and finance professional who has been involved with Export Credit Agency (ECA) transactions relating to 13 global export credit agencies.
Before joining UKEF, Rahul worked across a range of projects at Reliance Industries - including debt financing worth more than $20 billion, relationship management with ECAs and international lenders and administering the long-term foreign currency debt portfolio of the company. Most recently he worked as a consultant with a range of organisations, including European ECAs, to structure long term and competitive ECA financing solutions for clients in Africa, the Middle East and Asia.
Commenting on the appointment, Crispin Simon, Her Majesty’s Trade Commissioner for South Asia, said:
UKEF is a differentiator in our ability to compete for market share in South Asia. Rahul’s appointment, with his background and expertise in export credit financing, is one of the key components of our regional strategy.
UKEF is strategically placed to provide competitive and innovative finance to companies in India looking to do business with the UK. The British government is committed to improving its trading relationship with India, and to support this UKEF has over £4 billion available for UK companies exporting to India as well as Indian buyers of UK goods and services. It can also provide loan guarantees in rupees – allowing buyers of goods and services from the UK the flexibility to ‘buy British and pay local’.
Further information
Established in 1919, UKEF is the UK Government’s Export Credit Agency that works alongside the Department for International Trade as an integral part of its strategy and operations. It helps buyers around the world trade with UK suppliers by offering attractive financing options.
UKEF has supported exports in sectors which include: infrastructure, aerospace, healthcare, telecommunications and transport. It has a regional network of 24 export finance managers supporting export businesses.
Find an export finance manager.
UKEF supports exporters with a range of products that include:
- Bond insurance policy
- Bond support scheme
- Buyer & supplier credit financing facility
- Direct lending facility
- Export insurance policy
- Export refinancing facility
- Export working capital scheme
- Letter of credit guarantee scheme
Find all the latest information on UKEF’s country cover policy and indicators here.
Media
For media queries, please contact:
Sally Hedley, Head of Communications
Press and Communications, British High Commission,
Chanakyapuri, New Delhi 110021
Tel: 24192100; Fax: 24192400
Mail to: Ishan Bhatkoti
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