Euler Hermes Group announced Board of Management changes

Euler Hermes Group has announced Board of Management changes, including the appointment of a new Group Chief Financial Officer (CFO).

Thus, Chantal SCHUMACHER was appointed Group Chief Financial Officer (CFO) and a member of the Group Board of Management, effective April 1st. She replaces Clarisse KOPFF, former CFO and member of the Group Board of Management, who is leaving the company to take on a new role as Chief Financial Officer at ALLIANZ France.

Chantal SCHUMACHER joined the ALLIANZ Group in 1999 at ALLIANZ AG Asset Management as chief of staff, then spent 3 years in the US in the actuary and controlling department. After a quick start as a project manager in Group development, she became Head of Planning and Controlling at ALLIANZ Global Risks. She then headed the Global Planning & Performance department at AGCS for 9 years and moved on to become Global Finance Director & Regional Head of Finance for ALLIANZ Global Assistance. In 2016, Chantal SCHUMACHER became CFO at ALLIANZ Re.

Michael EITELWEIN has been appointed Group Chief Operating Officer (COO) and a member of the Group Board of Management, effective April 1st, replacing Ludovic SENECAUT who will be leaving the company to pursue new challenges outside the Group.

Michael EITELWEIN has over 8 years of experience within ALLIANZ, and in his most recent position at ALLIANZ, he was Head of Group Enterprise Architecture, where he led the introduction of new digital technologies and capabilities such as Big Data, AI, Blockchain and IoT solutions for commercial and consumer business lines.

The company has also announced that Michele PIGNOTTI's responsibilities as member of the Group Board of Management in charge of Market Management, will also include Commercial & Distribution activities, effective April 1st, 2018, following the retirement of Paul OVEREEM on March 31st, 2018.

At the same time, as announced on December 12th 2017, Virginie FAUVEL was appointed Chief Transformation Officer as of January 15th, 2018, and will become a member of the Group Board of Management in charge of the Americas region as of April 1st, 2018.

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