Amsterdam, 15 September 2010 - Atradius names Ignacio Álvarez Chairman of its Supervisory Board - Paul-Henri Denieuil named Honorary Chairman
Atradius NV today announced that Ignacio Álvarez, member of the Management Board of Grupo Catalana Occidente has been named Chairman of the Atradius NV Supervisory Board. Mr Álvarez has been Vice Chairman of the Atradius Supervisory Board since May 2009. He has more than 20 years of experience in the insurance and finance sectors and is the General Manager of Seguros Catalana Occidente and the Chief Executive Officer of Seguros Bilbao.
Paul-Henri Denieuil will continue to serve on the Atradius Supervisory Board as Honorary Chairman. Mr Denieuil has been Chairman of the Atradius Supervisory Board since May 2004 and served as Interim Chief Executive Officer of Atradius NV in 2003. Mr Denieuil has more than 30 years of experience in investment banking and financial institutions. He is currently the Mayor of Saint-Jean d’Angély and a member of the Board of Sélène Patrimoine.
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.
For further information:
Atradius Corporate Communications
Tel.: +31 20 553 2047