Coface has appointed Benoit Ganzmann as its new China country manager. He replaces Fangming Kao, who left the company in October last year. Based in Shanghai, he will report directly to Bhupesh Gupta, Coface’s Asia Pacific CEO.

Ganzmann joins Coface from Euler Hermes, where he most recently served as CEO of Euler Hermes China, and Asia Pacific regional head of risk, information, claims and collections. Prior to this, he spent eight years with Atradius in numerous roles in France and Hong Kong.

In addition to his role as head of the global credit insurer’s China business, Ganzmann will also lead China Global Solutions, a new initiative from Coface which will follow and service Chinese companies and their subsidiaries across the world.