Euler Hermes : appoints Virginie Fauvel as Chief Transformation Officer and Head of the Americas region

• Euler Hermes has appointed Virginie Fauvel, as Chief Transformation Officer as of January 15th, 2018, and Head of the Americas region as of April 1st, 2018.
• Once her nomination is approved by the Supervisory Board on February 9th, 2018, she will also join the Board of Management of Euler Hermes as of April, 1st, 2018.
• Her mission will be to accelerate the Group's transformation and materialize its digital ambitions

Euler Hermes, the world's leading trade credit insurer, has appointed Virginie Fauvel as Chief Transformation Officer as of January 15th, 2018, and Head of the Americas region as of April 1st, 2018. Once her nomination is approved by the Supervisory Board on February 9th, 2018, she will also join the Board of Management of Euler Hermes as of April, 1st, 2018.

'I am very happy that Virginie Fauvel is joining Euler Hermes. She is an accomplished leader with a proven execution track record in the financial industry and a passion for innovation. In her new role, Virginie will be responsible for all of Euler Hermes' transformation activities. She will also supervise Euler Hermes Digital Agency as well as our Data Lab at regional and Group levels. We are at a turning point, with new trends and opportunities. I am convinced that this new organization under Virginie's leadership will allow us to further leverage our existing capabilities and develop new business models and services in order to accelerate the pace of change for our customers,' said Wilfried Verstraete, Chairman of the Euler Hermes Board of Management.

Biography

Virginie Fauvel started her career in 1997 with Cetelem as Group CRM and Risks analytics Director. She then became Group Digital Officer in 2004 and was in charge of the e-Business BU, setting out Cetelem's global online strategy. She later headed BNP Paribas' Online Banking BU for Europe and France and founded Hello Bank!, the leading European mobile bank in Italy, France, Belgium and Germany. She joined Allianz France in 2013 as member of the executive committee, in charge of the company's digital transformation, direct, big data and AI, communication and Market Management teams. She largely contributed to driving Allianz' transformation mindset and bringing digital innovations at the heart of the company.

Virginie Fauvel graduated from the Ecole des Mines Nancy (French Graduate Engineering School).