Coface SA : Coface appoints Carmina Abad Sanchez to lead its Latin America region

Monday, 16. July 2018 07:30

Paris, 16 July 2018 - 07:30 am

Coface appoints Carmina Abad Sanchez to lead its Latin America region

Coface announces today the appointment of Carmina Abad Sánchez as the new CEO, Latin America region. She joins the Executive committee and reports to Xavier Durand, Group CEO. She takes over from Bart Pattyn who after a long career with the company (17 years) has decided to pursue career opportunities outside of the Coface Group. During the past years, he has built a solid team of leaders across Mexico and the various countries of the region, which will continue to drive the company's agenda across the region under Carmina's leadership.

Carmina has more than 30 years of experience, holding senior leadership positions in the insurance industry. Before joining Coface she was Chairman of Swiss Re Group in Mexico and CEO of Swiss Re Corporate Solutions in Mexico.

Previously, she has worked 25 years for MetLife in Mexico, Spain and the United States.

Carmina brings to Coface a strong reputation within the insurance industry. All along her career, Carmina showed a great commitment to corporate social responsibility and diversity and inclusion.

Carmina holds studies and degrees by the Smith College in Northampton, Kellogg's Management School at Northwestern University and various certifications by Harvard University. She also holds a bachelor of actuarial science from the National Autonomous University of Mexico (UNAM), and followed postgraduate studies in Senior Corporate Management by the Panamerican Institute of Corporate Executive Direction (IPADE).




Monica COULL
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FINANCIAL CALENDAR 2018 (subject to change)
H1-2018 results: 25 July 2018, after market close
9M-2018 results: 24 October 2018, after market close

This press release, as well as COFACE SA's integral regulatory information, can be found on the Group's website:

For regulated information on Alternative Performance Measures (APM)
please refer to our Interim Financial Report for S1-2017 and our 2017 Registration Document.

Coface: for trade - Building business together
70 years of experience and the most finely meshed international network have made Coface a reference in credit insurance, risk management and the global economy.  With the ambition to become the most agile, global trade credit insurance partner in the industry, Coface's experts work to the beat of the world economy, supporting 50,000 clients in building successful, growing and dynamic businesses. The Group's services and solutions protect and help companies take credit decisions to improve their ability to sell on both their domestic and export markets. In 2017, Coface employed ~4,100 people and registered turnover of
€1.4 billion.



COFACE SA is quoted in Compartment A of Euronext Paris
Code ISIN : FR0010667147 / Mnémonique : COFA

DISCLAIMER - Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 "Main risk factors and their management within the Group" of the Coface Group's 2017 Registration Document filed with AMF on 5 April 2018 under the number No. D.18-0267 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group's businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance

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Source: Coface SA via Globenewswire

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