Euler Hermes appoints David Dienesch as Canada CEO

TORONTO, June 24, 2015 /CNW Telbec/ - Euler Hermes, the worldwide leader in trade credit insurance, today announced the appointment of David Dienesch as chief executive officer for the company's Canada operations. He succeeds Mike O'Brien, who has been appointed World Agency regional director for Euler Hermes Americas. Based in Toronto and reporting to James Daly, head of region for the Americas, Dienesch's appointment is effective July 1, 2015.

Since June 2013, Dienesch has been vice president, national sales director for Canada with responsibility for the direct agency sales force, product distribution, marketing and partnerships. With more than 20 years of credit insurance experience, he joined Euler Hermes Canada in 2012 as commercial director. He is also a founding and active board member of the Receivables Insurance Association of Canada, having previously served at Aon and AIG Global Trade & Political Risk.

O'Brien, who has served as CEO of Euler Hermes Canada since 2012, joined Euler Hermes (then American Credit Indemnity) in 1996, holding various senior management positions including vice president of sales in New York and regional vice president of sales for the Eastern Region. Previously, he spent several years in various sales and management positions at Dun & Bradstreet (former Euler Hermes parent company).

Euler Hermes North America Insurance Company

Euler Hermes' regional headquarters for the United States, Canada and Brazil is located in Owings Mills, Md. Founded in 1893, Euler Hermes is North America's largest and longest-established provider of trade credit insurance and accounts receivable management solutions. The company protects and insures around $120 billion of regional trade transactions annually, serving small, medium and multinational clients across a range of sectors. The company employs 430 people regionally and serves clients from more than 50 locations in North America and Brazil

SOURCE Euler Hermes

Laura Crovo, Regional Head of Communications, 410-753-0862, [email protected]