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Euler Trade Indemnity, the UK credit insurer has appointed Fabrice Desnos as its director of finance. Desnos joins from Euler & Hermes, Euler Trade Indemnity’s parent company, where he was group financial controller and had previously held a number of other senior finance positions since joining the group in 1996.

He is responsible for all finance, treasury, reinsurance and “Contr´le de Gestion” functions at Euler Trade Indemnity and will report directly to Richard Webster, chief executive.