Efic, the Australian export credit agency (ECA) has appointed Swati Dave as CEO and managing director.

A banker with more than 30 years’ experience, her most recent role in the sector was as executive general manager at National Australia Bank (NAB), which she left in 2015.

She spent more than a decade with NAB and has previously worked for Deutsche Bank, Henderson Global Investors, Bankers Trust Australia and Westpac, where she spent the first 13 years of her career.

She replaces Andrew Hunter, who is leaving the organisation. Hunter joined Efic in 2013, having spent the majority of his career with Macquarie Group.