Coface SA : Executive Committee appointments
(Thomson Reuters ONE) -
Paris, 3 February 2017
Coface Group: Executive Committee appointments
As part of the implementation of the three-year strategic Fit-to-Win plan, aimed
at positioning Coface as the most agile global credit insurer on the market,
changes are to be made to the Group's Executive Committee, effective from 3
April 2017.
Cécile Paillard, 42, will succeed Antonio Marchitelli as CEO Mediterranean &
Africa Region and will be based in Milan.
Cécile joins Coface after more than 17 years spent with the Axa Group. Strategic
audit director, and then head of strategic planning for the Group, she became
Chief Development Officer for Axa EMEA LATAM, a region covering 29 countries in
2010. In this post, Cécile Paillard directed the entry and consolidation
strategies for the Axa Group in several strategic markets (Brazil, Colombia,
Algeria.). In 2014, she was promoted to Chief Operating Officer for Axa Seguros
Brazil and Axa Corporate Solutions LATAM, tasked with the mission of securing
and accelerating the launch of subsidiaries in Brazil and developing large risk
activities in Latin America. Cécile Paillard is a graduate of the ISC Paris
Business School and holds a Masters in financial engineering from the Lyon
School of Management.
Antonio Marchitelli, 48, CEO Mediterranean & Africa Region since 2013, will
become CEO of the Western Europe Region. He will be based in the Paris head
office.
Antonio, with a dual educational background in electronic engineering and in
bank financing & business management, began his career as a business consultant
at Accenture. Specialised initially in business process re-engineering, his
career evolved in the late 1990s towards strategic functions, working on the
transformation of bank-insurance companies. In 2003 he joined the Axa Group,
where he occupied various positions in the Mediterranean and Latin American
regions, in charge of implementing growth and profitability strategies, mainly
in emerging markets.
Cyrille Charbonnel, 52, CEO Western Europe Region and France since 2013, takes
charge of a new Group Underwriting department comprising risk underwriting,
information, debt collection and commercial underwriting.
The creation of this department underpins the strategic priority of Coface to
reinforce its underwriting processes, increase the granularity of its risks
analysis, and enhance its underwriting policies.
Xavier Durand, CEO, commented: "The renewal of Coface's Executive Committee
supports the major transformation targeted by our Fit to Win plan. Building on
the solid and diversified experience of its members, it will accelerate Coface's
transformation in many areas: strategy, innovation, digitisation, tools and
processes."
New Executive Committee of the Coface Group:
Xavier Durand, Chief Executive Officer
* Valérie Brami, Chief Operating Officer
* Nicolas de Buttet, Deputy Underwriting Director, in charge of Risk
Underwriting and Information
* Cyrille Charbonnel, Underwriting Director
* Nicolas Garcia, Commercial Director
* Carole Lytton, General Secretary
* Carine Pichon, Finance and Risk Director
* Thibault Surer, Strategy and Business Development Director
* Bhupesh Gupta, CEO Asia Pacific Region
* Katarzyna Kompowska, CEO Central Europe Region
* Antonio Marchitelli, CEO Western Europe Region
* Fredrik Mürer, CEO North America Region
* Cécile Paillard, CEO Mediterranean & Africa Region
* Bart Pattyn, CEO Latin America Region
* Téva Perreau, CEO Northern Europe Region
MEDIA CONTACTS:
Maria KRELLENSTEIN - T. +33 (0)1 49 02 16 29 maria.krellenstein(at)coface.com
Justine LANSAC - T. +33 (0)1 49 02 24 48 justine.lansac(at)coface.com
About Coface
The Coface Group, a worldwide leader in credit insurance, offers companies
around the globe solutions to protect them against the risk of financial
default of their clients, both on the domestic market and for export. In
2015, the Group, supported by its 4,200 staff, posted a consolidated turnover
of ?1.490 billion. Present directly or indirectly in 100 countries, it secures
transactions of 50,000 companies in more than 200 countries. Each
quarter, Coface publishes its assessments of country risk for 160 countries,
based on its unique knowledge of companies' payment behaviour and on the
expertise of its 660 underwriters and credit analysts located close to clients
and their debtors.
www.coface.com
Coface SA. is listed on Euronext Paris - Compartment A
ISIN: FR0010667147 / Ticker: COFA
Coface SA : Executive Committee appointments:
http://hugin.info/161449/R/2075935/780649.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Coface SA via GlobeNewswire
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