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Euler Hermes names heads for northern European, Asia-Pacific regions

said April 11that it named Fabrice Desnos head of the northern European region and HolgerSchaefer head of the Asia-Pacific region, effective June 1.

Desnos,who has headed the Asia-Pacific region since 2012, will relocate to Brusselsfrom Hong Kong to oversee the 16-country northern European region. He succeedsLudovic Sénécaut, who was recently named COO with responsibility for operations and IT services.

Schaeferis currently CEO of Allianz Global, Corporate & Specialty Pacific withresponsibility for Australia and New Zealand. He will move to Hong Kong fromSydney and succeeds Desnos.

is the ultimateparent of Euler Hermes.