Insuranceciooutlook

Euler Hermes Group Declares CEO leadership change

By Insurance CIO Outlook | Tuesday, October 06, 2020

Known for her customer-centricity, Clarisse Kopff was promoted as Group Chief Financial Officer in 2014, where she was responsible for all Group finance functions, asset management, M&A, legal and compliance, tax and risk, and capital management.

FREMONT, CA: Euler Hermes Group, the worldwide leader in trade credit insurance, declared that Wilfried Verstraete, CEO and Chairman of the Board of Management has decided to step down from his operational duties after twelve successful years in the role. Clarisse Kopff is expected to succeed him as CEO and Chairperson of the Board of Management as of January 1st, 2021. The change is subject to regulatory approval.

Wilfried Verstraete joined Euler Hermes in 2009, where he led the group through the global financial crisis. Under his leadership, he transformed the traditional credit insurer into a customer-centric, data-driven Fintech leader with real-time, market-leading digital solutions for its clients. He would continue to serve Euler Hermes Group as an advisor to the new CEO through 2021. He would also maintain board positions in Euler Hermes SA, Euler Hermes North America, Solution, and Euler Hermes Reinsurance AG.

Clarisse Kopff is a graduate of ESCP Business School and holds a postgraduate degree from the German Diplom Kaufmann and Université Paris Dauphine. She is currently posted as Chief Financial Officer of Allianz France. She started her career in debt origination at Lehman Brothers in London, then as an auditor with PricewaterhouseCoopers in Paris before becoming a part of Euler Hermes in 2001 as a controller for the company's French entity in Paris. From 2007, she served Euler Hermes in various positions of increasing responsibility and international scope: head of controlling for French and Mediterranean activities (2007-2011); head of Group controlling (2010 – 2012); head of accounting, controlling, actuarial services and investor relations (2012-2013). Known for her customer-centricity, she got promoted as Group Chief Financial Officer in 2014, where she was responsible for all Group finance functions, asset management, M&A, legal and compliance, tax and risk and capital management.

Clarisse Kopff, Chief Financial Officer, Allianz France: "I am very grateful for the prolific and eventful years I have spent with the teams at Allianz France. I joined the company at a key moment when the industry had to reinvent itself amidst a low interest environment. This challenge prompted us to invent new financial models, as well as accelerate our own digital transformation.

I am honored to accept this position as Euler Hermes Group CEO. I thank Wilfried Verstraete for his trust. The current crisis is far from over but with his ongoing support, I am prepared to lead the company and accompany our clients and partners through these difficult times. It is a great mission for leaders today to instill confidence in tomorrow. On more personal grounds, I am also looking forward to reconnecting with my former colleagues at Euler Hermes."

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