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 1 mo
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 11 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 3 mos)
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