Coface's Denecker to retire as UK managing director
Trade credit insurer Coface has confirmed that Xavier Denecker is to retire as managing director in the UK and Ireland with Frédéric Bourgeois appointed to the role.
Mr Denecker has been the managing director since November 2007 and will retire in mid-October.
He joined Coface in 1990 as its first communications director, before moving to Italy as deputy general manager in 1997 and to Spain and Portugal as managing director in 2001.
Mr Bourgeois will assume the managing director role on 17 September. He joined Coface in 2004 after several years as a financial analyst at Natexis Bleichroeder, covering French, Swiss and German banks and insurance.
Having been
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