Atradius Announces New Management Board Structure
By Atradius N.v., PRNEMonday, July 26, 2010
Atradius, a Leading Global Credit Insurer, Announced a new Management Board Structure of Atradius N.V.
AMSTERDAM, July 27, 2010 - Peter Ingenlath, currently Vice Chairman and Chief Risk Officer (CRO),
will assume the role of Chief Market Officer (CMO) for the credit insurance
business and for the units Outward Re, Dutch State Business, Special Products
and Global. He will continue in his role as Vice Chairman. David Capdevila
will have the responsibility of Chief Market Officer (CMO) for the non credit
insurance activities; Bonding, Instalment Credit Protection, Collections and
Atradius Re, while continuing to manage the credit insurance business for
Spain, Portugal and Brazil. Delfin Rueda, Chief Financial Officer (CFO), will
add the role of Chief Risk Officer (CRO) to his current responsibilities.
The current CMOs Peter Schmidt and Tommie Sjodahl have decided to leave
Atradius to take on new challenges outside Atradius and for retirement
respectively. The changes will become effective as of 2 August 2010.
Isidoro Unda, Chairman and Chief Executive Officer of Atradius N.V.
commented: "The new Management Board structure reflects our strategy of
streamlining the Atradius organisation while at the same time maintaining
high quality service, as demonstrated by the Atradius Service Charter which
was recently presented to our customers. Our focus on business lines will
facilitate the decision making process and strengthen our ability to swiftly
interact with market developments."
About Atradius:
The Atradius Group provides trade credit insurance, surety and
collections services worldwide, and has a presence through 160 offices in 42
countries. Atradius has access to credit information on 52 million companies
worldwide and makes more than 22,000 trade credit limit decisions daily. Its
products and services aim to reduce its customers' exposure to buyers who
fail to pay for the products and services they buy. With total income of
more than EUR 1.7 billion and approximately 31% share of the global trade
credit insurance market, its products help protect companies throughout the
world from payment risks associated with selling products and services on
credit.
www.atradius.com
For further information: Atradius Corporate Communications, Christine Gerryn, Tel.: +31-20-553-2047, E-mail: christine.gerryn at atradius.com
Tags: Amsterdam, Atradius N.V., July 27, Netherlands