Coface: New regional head

Massimo Falcioni has been appointed to lead French credit insurer Coface’s expansion in the Middle East region. Based in Dubai, Falcioni will report to Coface Mediterranean and Africa regional manager Antonio Marchitelli. Falcioni joined Coface on 1 September from rival insurer Euler Hermes, for which he headed Gulf Co-operation Council operations from Dubai. He was previously a senior executive with Volkswagen, Philip Morris and ExxonMobil. Falcioni will have a more Gulf-focused role than his predecessor Jean-Christophe Batlle, who was based between Morocco and Milan promoting the insurer’s Mediterranean and Africa department. Batlle – who also previously worked for Euler Hermes – is now responsible for Coface’s Africa region.