Valerio Perinelli replaces Gerard van Kaathoven who is returning to the Netherlands in a new role as head of group projects

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Trade credit insurer Euler Hermes has appointed Valerio Perinelli as its new chief executive.

He will replace Gerard van Kaathoven, who is returning to the Netherlands in a new role as head of group projects.

Perinelli joined Euler Hermes in 1997, holding claims, risk underwriting, product management and commercial positions in Italy and France over 10 years.

Most recently he was the head of the insurer’s market management commercial and distribution (MMCD) team at World Agency.

Euler Hermes has also appointed two senior members to its market management commercial and distribution team.

Anil Berry, who is currently director of MMCD for the Euler Hermes Asia Pacific region, will replace Perinelli as head of MMCD at World Agency.

Credit insurer Coface chief commercial officer Gordon Cessford will replace Berry as Asia Pacific MMCD director.

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