Chief Market Officer role to be separated into three regions
AMSTERDAM, June 10 /CNW/ -- Atradius today announced the appointment of
Peter Ingenlath, Vice Chairman of the Management Board of the company, as
Chief Risk Officer and the envisaged appointments, pending regulatory
approvals, of Tommie Sjodahl as Chief Market Officer responsible for Credit
Insurance in NAFTA, Asia Pacific, the UK, Ireland, and for the Global, Special
Products and Collections units and David Capdevila as Chief Market Officer
responsible for Spain, Portugal and Brazil. The third Chief Market Officer,
responsible for credit insurance throughout the remainder of continental
Europe and the units Bonding, Instalment Credit Protection, Dutch State
Business and Atradius Re, will be announced shortly.
Paul-Henri Denieuil, Chairman of the Atradius Supervisory Board
commented: "In the current deteriorating economic environment we believe Peter
Ingenlath can add the most value to the company by taking over the Chief Risk
Officer position. As over recent years Atradius has substantially expanded the
geographic scope of its business and with the integration of Credito y
Caucion, we decided to strengthen the commercial function of the company by
appointing three Chief Market Officers. I believe that with a management board
of six very experienced individuals, the company is best positioned to grow
its business while maintaining an attractive level of profitability. I would
like to thank Peter Ingenlath for his excellent contribution to the success of
Atradius as Chief Market Officer."
Dr. Peter Ingenlath (50) has been with Atradius and its predecessor
companies since 1990. He has served on the Management Board since 1999.
Ingenlath has a degree in Law and a PhD in laws from Bonn University. Prior to
joining Atradius he was a practising lawyer.
Tommie Sjodahl (57) has been in the credit insurance industry since 1972
and with Atradius and its predecessor companies since 1992. He joined Atradius
as the Managing Director of the Swedish subsidiary and has since developed the
concept of integrated credit insurance services to multinational clients
across the borders as the Director of Atradius Global. Sjodahl has also been
responsible for developing Atradius in "New Markets," Oceania and lately in
the role as head of Global Business Development.
David Capdevila (42) joined the Grupo Catalana Occidente organization in
1992 and served in progressively more senior roles including serving as a
member of the Grupo Catalana Occidente management committee from 2003 to 2006.
He has served most recently as General Manager of Credito y Caucion which he
joined in 2006. Capdevila has an actuarial economist degree from the
University of Barcelona and an MBA from IESE.
"As Chief Risk Officer, Peter strengthens our risk activities through his
strong understanding of the risk environment and underwriting requirements and
his broad in depth knowledge of our business," stated Isidoro Unda, CEO of the
Atradius Management Board. "The addition of Tommie and David to the Management
Board capitalises on their vast experience and regional knowledge and will
provide extensive oversight of our markets and the opportunities that arise to
improve our offering."
The Atradius Group provides trade credit insurance, surety and
collections services worldwide, and has a presence in 40 countries. Its
products and services aim to reduce its customers' exposure to buyers who fail
to pay for the products and services customers purchase. With total revenues
of approximately EUR 1.8 billion and a 31% share of the global trade credit
insurance market, its products contribute to the growth of companies
throughout the world by protecting them from payment risks associated with
selling products and services on credit. With 160 offices, it has access to
credit information on 52 million companies worldwide and makes more than
22,000 trade credit limit decisions daily.
For information about Atradius products and services available in your
country, visit http://www.atradius.com.
Atradius Corporate Communications
Tel.: +31 20 553 2047
For further information:
For further information: Christine Gerryn, Corporate Communications of
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