The Polish Financial Supervision Authority on Dec. 13 approved Paul Flanagan's appointment to serve as president of Euler Hermes Poland, Euler Hermes Group SA said Dec. 14.

Flanagan has served as regional risk director for Northern Europe since 2010 and joined the supervisory board of Euler Hermes Poland the same year. He will replace Rafal Hiszpanski, who resigned from Euler Hermes to pursue other career opportunities.

Euler Hermes is a part of Allianz Group.