▷ Changes in the management team of Euler Hermes in Germany, Austria and the …

06.12.2021 – 09:30

Euler Hermes Germany

Hamburg (ots)

Euler Hermes, the world’s leading credit insurer, announces changes in the management team in Germany, Austria and Switzerland (DACH region): Silke Grimm (53) will take on the role of Human Resources (HR) Director in the largest on January 1, 2022 Euler Hermes unit. Her successor as Chief Financial Officer (CFO) will also take effect on January 1, 2022, Philippe Dessevre (53). Both report to Milo Bogaerts, CEO of Euler Hermes in the DACH region.

“In the course of the modern world of work and digital transformation, the topic of human resources will have an even more central importance than before,” says Milo Bogaerts, CEO of Euler Hermes in Germany, Austria and Switzerland. “In this respect, it is a logical step to also place a special focus on these new challenges in management.”

Silke Grimm has been CFO of Euler Hermes in the DACH region since 2011. She was also in charge of the design of the modern working environment in the “Euler Hermes Quartier”, Euler Hermes’ new headquarters in Hamburg, where the focus is on sustainability, communication and networked, project-based work. In this context, she played a key role in driving cultural change. Before that, she was Chief Risk and Compliance Officer and since 2001 has held numerous management positions in the finance department. She also holds numerous mandates, including on the advisory board of the Deutsche Bundesbank, Börsenrat, Hamburg School of Business Administration (HSBA) and Finanzplatz eV of the Hamburg Chamber of Commerce.

Philippe Dessevre has more than 30 years of experience in the financial sector and holds a Masters in Business Administration from the University of Paris-Dauphine. He has been Chief Risk Officer at the Euler Hermes Group since 2016 and was responsible for risk management in this role. From 2007 to 2016 he was Chief Financial and Administration Officer (CFAO), first at Euler Hermes World Agency and then at Euler Hermes France, and previously held numerous managerial positions in finance and controlling.

“I am pleased that with Silke and Philippe we have two proven experts for our DACH management on board,” says Clarisse Kopff, CEO of the Euler Hermes Group. “I wish both of them all the best and every success in their new roles.”

Euler Hermes is the global market leader in credit insurance and a recognized specialist in security and guarantees, debt collection and protection against fraud or political risks. The company has more than 100 years of experience and offers its customers comprehensive financial services to support them in liquidity and receivables management.

Euler Hermes uses the company’s own monitoring system to track and analyze the insolvency development of more than 80 million small, medium-sized and multinational companies on a daily basis. Overall, the expert analyzes cover markets that account for 92% of global gross domestic product (GDP).

With this expertise, Euler Hermes makes world trade more secure and gives the more than 66,000 customers around the world the trust they need in their business and how they are paid. As a subsidiary of Allianz and with an AA rating from Standard & Poor’s, Euler Hermes is the financially strong partner at the side of its customers in the event of damage.

The company, headquartered in Paris, is represented in over 50 countries and employs around 5,800 people worldwide. In 2020, Euler Hermes insured business transactions worth EUR 824 billion worldwide. More information on www.eulerhermes.de

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Note regarding forward-looking statements: The information contained in this release may contain statements about future expectations and other forward-looking statements that are based on current estimates and assumptions of management and involve known and unknown risks and uncertainties that could lead to actual results, developments or events can differ significantly from the statements made here. In addition to forward-looking statements in their respective contexts, the use of words such as “may,” “will,” “should,” “expects,” “plans,” “intends,” “believes,” “estimates,” “projects”, “potentially” reflects “or” continue “also reflects a forward-looking statement. Actual results, developments or events could differ materially from such forward-looking statements due to various factors. Such factors include: (i) the general economic situation including the industry-specific situation for the core business or the core markets of the Euler-Hermes Group, (ii) the development of the financial markets including the? Emerging markets? including market volatility, liquidity and credit events, (iii) the frequency and extent of the insured loss events, including those resulting from natural disasters; in addition, the development of claims costs, (iv) cancellation rates, (v) extent of loan defaults, (vi) interest rate level, (vii) exchange rate developments including the EUR-USD exchange rate, (viii) development of the intensity of competition, (ix) legal and regulatory changes including those relating to currency convergence and the European Monetary Union, (x) changes in the monetary policy of the central banks or foreign governments, (xi) effects of acquisitions, including the associated integration issues, (xii) restructuring measures, and (xiii) general competitive factors each in a local, regional , national or international framework. The probability of many of these factors occurring can be further increased by terrorist attacks and their consequences. The company assumes no obligation to update forward-looking statements.

Press contact:

Euler Hermes Germany
Antje Wolters
Press officer
Phone: +49 (0)40 8834-1033
Car: +49 (0)160 899 2772
[email protected]

Original content by: Euler Hermes Germany, transmitted by news aktuell


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