PARIS--(Business Wire)--
Coface, the global provider of accounts receivable management and
protection services, has created a new management structure to further
enhance its international growth and operations.
Corine Troncy, Executive Vice President at Coface North America,
has been named to a newly created position of Sales and Development
Director for Coface Holding. In this capacity, Ms. Troncy will be
responsible for global sales and marketing efforts for Coface's four
business lines - trade credit insurance, business information, trade
receivables management and trade receivables finance/factoring. As
such, she will become a member of Coface Holding's Executive
Committee.
Ms. Troncy, who will report to Coface Holding CEO, Jerome Cazes,
spent the last seven years developing Coface's commercial operation in
the United States and Canada. She was instrumental in the expansion of
the sales force, the rollout of new business lines and the achievement
of double digit sales growth in her tenure at Coface North America.
Ms. Troncy brings to the position a long history of market development
for Coface. She served as General Manager for the company's Japan
operation from 1997 to 2001. Prior to that, Ms. Troncy helped
establish the credit insurance operation of Coface UK. She began her
career in 1991 at Coface's headquarters in Paris as a regional Claims
and Collections executive.
Ms. Troncy will start full-time in Coface's Paris headquarters in
January 2009. A successor to her current position in North America
will be named in the next few months.
About Coface
Coface, rated AA (stable outlook) by Fitch Ratings, AA (negative
outlook) by S&P and Aa3 (stable outlook) by Moody's, is a subsidiary
of Natixis whose share capital (Tier 1) was 11.7 billion euros at the
end of 2007. Coface's mission is to facilitate global
business-to-business trade by offering its 120,000 customers four
product lines to fully or partly outsource trade relationship
management and to finance and protect their receivables: credit
insurance, company information and ratings, receivables management and
factoring. Coface also offers, in France, management of government
export guarantees. Due to the worldwide local service delivered by
7,000 staff in 65 countries, over 45% of the world's 500 largest
corporate groups are already customers of Coface. Learn more at
www.coface.com.
Coface
Sue Hinton, 212-389-6484
sue_hinton@coface.com
Copyright Business Wire 2008
