Citizens Bank has appointed David Berse as senior vice-president for supply chain finance, effective May 14, 2026, based in Charlotte, North Carolina. Berse reports to Jonathan Heuser, head of trade and supply chain finance. His role involves product origination, innovation, and portfolio management. He previously held senior positions at Bank of America, Deutsche Bank, and JP Morgan, and led financial institutions at LiquidX. The appointment reflects growing demand for integrated supply chain finance solutions, with global volumes reaching $2.4 trillion in 2025. Other banks, including JPMorgan and HSBC, have made similar leadership hires to strengthen digital trade platforms. The move aims to improve working capital access for clients across manufacturing, logistics, and commodities sectors.
Appointment Details and Role Scope
According to Global Trade Review, David Berse has been appointed senior vice-president for supply chain finance at Citizens Bank, effective May 14, 2026. The appointment marks a strategic expansion in the bank’s trade and supply chain finance division. Berse is based in Charlotte, North Carolina, and reports directly to Jonathan Heuser, head of trade and supply chain finance.
His responsibilities include end-to-end oversight of supply chain finance product origination, innovation, and portfolio management. The role is positioned to strengthen Citizens Bank’s capabilities in working capital solutions and digital trade platforms, particularly in response to growing demand from multinational clients seeking integrated financing tools.
Leadership Background and Career History
Before joining Citizens Bank, Berse served as managing director and head of financial institutions for North America at LiquidX, a fintech platform focused on institutional asset management. His prior experience includes senior roles at Bank of America, Deutsche Bank, and JP Morgan, with a focus on corporate banking and financial technology integration.
These appointments reflect a career trajectory emphasizing cross-border trade finance and digital infrastructure. His tenure at Bank of America included leadership in global trade services, while his time at Deutsche Bank involved structuring complex supply chain financing instruments for industrial clients.
“David’s expertise across working capital solutions – enhanced by his fluency with the supporting technologies – really stands out. He is a perfect fit for the Citizens team, bringing a unique combination of skills and experience that will meaningfully benefit our clients and product platform.” — Jonathan Heuser, head of trade and supply chain finance, Citizens Bank
Strategic Context in Trade Finance
According to Global Trade Review, the appointment aligns with broader trends in the trade finance sector, where banks are increasingly investing in specialized roles to manage evolving risk and innovation demands. In 2025, global supply chain finance volumes reached $2.4 trillion, up 12% from 2024, driven by heightened trade volatility and demand for liquidity solutions.
Other major banks have followed similar moves: JPMorgan Chase appointed a global head of supply chain finance in March 2025, while HSBC expanded its digital supply chain platform across Southeast Asia. These actions underscore the sector’s shift toward integrating technology and finance at scale.
Implications for Supply Chain Finance Clients
Supply chain finance professionals will likely see enhanced product offerings from Citizens Bank, particularly in invoice financing, dynamic discounting, and supplier credit enhancement. The bank’s digital infrastructure now supports real-time payment tracking across 150+ countries.
Industry analysts note that clients in the manufacturing, logistics, and commodities sectors will benefit from improved access to working capital solutions. According to a 2025 GTR survey, 68% of corporate treasury officers cited faster financing as a top priority in supply chain operations.
Source: www.gtreview.com
Compiled from international media by the SCI.AI editorial team.
