BPL Global has today announced the appointment of Donnie DiCarlo as Executive Vice President. DiCarlo, who joins after 10 years as Senior Vice President of Marsh’s Credit Specialties Group, will be based in New York and is charged with expanding BPL Global’s client base in the US and the wider Americas region.

Known primarily for his work developing capital relief-driven solutions, DiCarlo’s industry credentials include helping to spearhead bank use of non-payment insurance after the change in the US Federal Reserve guidelines in 2013. Having previously led Marsh’s Political Risk and Structured Credit Team in Latin America followed by the broker’s Lender’s Solutions Group in the Americas, DiCarlo is a seasoned expert in supply chain financing, handling a significant number of policy placements in the region. He has also worked to cover various loan structures including project finance, revolving credit facilities, multilateral debt and aviation finance.

Sian Aspinall, Managing Director, BPL Global says: “We are delighted to add Donnie to our growing team in New York. His reputation in our market as a leading expert in political risk emanating from Latin America and his exhaustive knowledge of bank-related business means he will undoubtedly be an asset to our operations in the Americas.”

DiCarlo comments: “BPL Global’s market standing and specialist focus were compelling draws for me as a technically-minded CPRI broker and I’m looking forward to lending my expertise to help further and grow our book of business in the region.”

DiCarlo’s appointment is the latest addition to the broker’s operational presence in the Americas, having recently opened an office in New York and having made the executive appointment of CPRI professional, Evan Freely, last month.