TrustBills appoints Petra Suetter as Senior Vice President Client Solutions. The highly experienced banker will roll out the platform’s expansion primarily in Austria and Switzerland.
With effect from September 17th, 2018 Petra Suetter moved to TrustBills, the auction platform for domestic and international trade receivables. She joins from The Royal Bank of Scotland/NatWest, where she supported the strategic changes in the Corporate Coverage of German-speaking countries since 2008. Most recently, she was responsible for the relationships with important multinational companies in Germany, Austria and Switzerland as Executive Director Corporate Coverage and Senior Banker. She was Co-Head Corporate Coverage in Switzerland for a number of years and subsequently led the Vienna Branch in Austria from 2012–2016. Before joining RBS Petra Suetter worked for Deutsche Bank for two decades where she focused on the coverage of multinational corporates in Switzerland.
She is engaged in various alumni organizations, i.a. „Common Purpose“, as Board Member of the „Alumni der Deutschen Bank e.V.“ and the St. Gallen Symposium.
Joerg Hoerster, CEO and founder of TrustBills, says: „Petra Suetter brings with her a wealth of experience and a first-class network within the C-suites of German, Austrian and Swiss multinationals. It is invaluable for us to build on the expertise of such a well-connected and highly respected person during the expansion of TrustBills.“
On her job change from the banking industry to a FinTech, Petra Suetter says: „TrustBills business model is ingenious, as it allows companies a truly flexible and tailor-made working capital management - also on an international level. Given the enormous pressure that medium-sized companies face in terms of working capital, TrustBills is the best solution in the market, at the same time offering excellent opportunities for investors suffering from the current low yield environment. Within a bank, it is rather challenging to create such a platform.“
With Petra Suetter joining, the dual leadership under CEO and founder Joerg Hoerster becomes a trio. She complements the distribution and product marketing team of Claudia Haas (formerly Coface) and Markus Wohlgeschaffen (formerly Unicredit).