Coface, a France-based credit insurance provider, has appointed Carmina Abad Sánchez as CEO of its Latin American business.

She will replace Bart Pattyn, who decided to leave the company after 17 years of services.

In her new role, Carmina will join the executive committee and will report to group CEO Xavier Durand.

During her 30 years long career, Carmina worked in management roles with a number of insurance companies.

Prior to joining, Coface she was chairman of Swiss Re Group in Mexico and CEO of Swiss Re Corporate Solutions in Mexico.

Earlier, she served for 25 years at MetLife in Mexico, Spain and the US.

Coface in a statement said: “Carmina brings to Coface a strong reputation within the insurance industry. Throughout her career, Carmina has shown great commitment to corporate social responsibility and diversity and inclusion.”

At present, Coface Group provides adapted risk prevention, monitoring and protection services in 66 countries with the help of 4,300 employees.