Pursuits

Deutsche Bank’s Hungate to Head Cotton at Singapore Trader

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Nick Hungate joined RCMA Commodities Asia Pte Ltd. as global head of cotton today as the Singapore-based firm expands agricultural trading.

Hungate, previously director of farm commodities at Deutsche Bank AG in London, will lead a team of five, Chief Executive Officer Chris Pardey said in an interview. Hungate started his career at Cargill Inc. in 1985 on the same day as Pardey, both said. He will continue to be based in London.