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Andreas Tesch Nominated Atradius Chief Market Officer

AsiaNet 46724

AMSTERDAM, Oct. 11, 2011/PRNewswire-AsiaNet/ –

– Nomination pending approval of De Nederlandsche Bank

Atradius N.V. nominated Andreas Tesch Chief Market Officer (CMO). Mr Tesch will be responsible for the commercial development of Atradius Credit Insurance in North-western and Central Europe including Greece and Turkey, NAFTA, and Asia Pacific, and the units Dutch State Business, Global, and Special Products. The Credit Insurance business in France and Belgium is under the responsibility of David Capdevila, CMO of Southern Europe, South America and non Credit Insurance Business.

Mr Tesch, 42, joined Atradius in 2001 as the Director Corporate Development and Corporate Communications of the Atradius predecessor company Gerling Kreditversicherung and Gerling NCM. Since 2007 he has been the Director of Atradius Global, market leader in providing integrated and tailor-made credit insurance solutions to multinational corporations, with an annual income of more than EUR240 million and Atradius Asia-Pacific.

Isidoro Unda, Chairman and Chief Executive Officer of Atradius commented, “Andreas has a broad understanding of Atradius and our credit insurance business throughout the world. His expertise and relationship to brokers has been a great asset to Atradius over the years and will help us continue to expand our growth where our customers need us to be across the world.”

About Atradius

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 60 million companies worldwide and makes more than 20,000 trade credit limit decisions daily. Its products help to protect companies throughout the world from payment default risks associated with selling products and services on credit.

For further information:

Atradius Corporate Communications

Christine Gerryn

Tel.: +31-20-553-2047

E-mail:  christine.gerryn@atradius.com


SOURCE: Atradius N.V.

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