Xavier Durand — CEO
International CEO & Board Member, Transformation and Growth Leader Since 2016, I have been the Global CEO of Coface, the world reference in credit insurance and risk management. With more than 5 300 employees in 70 countries, Coface helps its clients to effectively monitor, prevent and manage total credit risk exposures of over € 720 Bn in 200 countries. My career began in 1987 at The Mac Group Strategy consultancy (now Gemini Consulting). After a stint in the Insurance Industry at Covea leading Strategic Projects and M&A, I joined the former Groupe Sovac as CEO of their Mortgage Bank, before it was acquired by GE in 1995. I then led a 19 year international career with GE Capital, leading over the years increasingly large and complex businesses in 30 countries over the Americas, Europe and Asia, through both growth/acquisition, and restructuring/transformation agendas. This culminated as CEO of GE Capital Asia Pacific, a 100 Bn $ balance sheet spanning a wide range of financial services, from consumer loans and cards to leasing, structured finance, private equity and retail banking. I have been the Chair or a Board Member of regulated banks or financial services entities in over 14 countries, including sitting on the Boards or as CEO of 4 large listed companies. Beyond work, I am also passionate about sports ( squash, ski, windsurf ). I love music which I learned from a young age academically, and still play jazz in bands and clubs to this date. In an ever-changing world, I focus on leading teams through deep transformations, bringing together a unique ability to craft winning strategies with the capacity to execute effectively. I focus on driving teams to embrace truth and effective collaboration as key drivers of performance. To me, working with a team is like playing in a jazz band. You need to agree on key, basic principles, define a vision, an ambition, surround yourself with great players who share a passion for what they do, and then create a climate of trust and collaboration so the unexpected turns from a threat to a beautiful opportunity to create something unique. Join us at Coface to invent tomorrow’s trade, together!
Stackforce AI infers this person is a seasoned executive in the Financial Services sector with a strong focus on risk management and strategic growth.
Experience: 38 yrs
Skills
- Business Strategy
- Leadership
Career Highlights
- Global CEO of Coface since 2016.
- Led GE Capital Asia Pacific with a $100Bn balance sheet.
- Chair or Board Member in 14 countries.
Work Experience
Ayvens
Director, Chair of Risk Committee, Member of Audit Committee (2 yrs 9 mos)
ALD Automotive
Director, Chair of Audit and Risk Committee (5 yrs 11 mos)
AXA en France
Director, Member of Risk Committee, Member of Audit Committee (1 yr 2 mos)
Coface
CEO (10 yrs 1 mo)
WiZink
Director, Chair of Audit & Risk Committee, Chair of Nominations & Remunerations Committee (2 yrs 3 mos)
GE Capital
Head of Strategy, Marketing and Sales GE Capital International, GE Officer (1 yr 3 mos)
President and CEO, GE Capital Asia-Pacific, GE Officer (2 yrs 8 mos)
President and CEO, GE Capital Global Banking, Western Europe, Russia, Latvia, GE Officer (3 yrs 1 mo)
President and CEO, GE Money Western Europe (2 yrs 9 mos)
President and CEO, GE Money France (3 yrs 2 mos)
General Manager, Sales and Business Development, GE Money France (1 yr 9 mos)
General Manager, Sales and OEM programs, GE Capital Auto Financial Services (1 yr 11 mos)
Vice- President Strategy and Business Development, GE Capital Auto Financial Services (1 yr 11 mos)
Deputy CEO, Banque Sovac Immobilier (2 yrs 2 mos)
Krungsri
Director, Chair of Compliance Committee (1 yr 11 mos)
Hyundai Capital
Director, Member of Audit Committee (2 yrs 3 mos)
Garanti Bankası
Director, Member of the Credit Committee (2 yrs 3 mos)
GMF Assurances - Groupe Covéa
Director of Group Strategic Projects (2 yrs 4 mos)
DDE du Val de Marne
Chief of Staff (4 mos)
The MAC Group
Associate, then Manager (3 yrs 9 mos)
Education
at École Polytechnique
Engineer. International Business at École nationale des ponts et chaussées