Coface has hired Chrisna Sudarma as Indonesia and Philippines country manager, effective October 2. She replaces Andrew Toh, who has held the role on an interim basis since April last year concurrently with his role of regional head of client management, which he will continue to hold. Based in Jakarta, Sudarma will report directly to Bhupesh Gupta, Coface’s Asia Pacific CEO.

Sudarma’s career spans more than 20 years in the banking industry, specialising in trade and commodity finance and cash management. She joins Coface from Bank of America, where she spent the last six years as director for corporate banking and global transaction services in Indonesia. Prior to this, she held senior roles in corporate banking and product sales with major international banks such as HSBC, Deutsche Bank, JP Morgan and Citi.

Coface has been providing credit insurance coverage for businesses in Indonesia since 2009 and in the Philippines since 2006. In her new role, Sudarma will work to strengthen Coface’s capabilities and further the growth of the insurer’s business in the two countries.