The Lebanese Credit Insurer (LCI) has named Dominique Charpentier as its new chairman.

Appointed at the company’s annual general meeting in May, Charpentier succeeds Gerard van Brakel, who has been chairing the LCI since it was founded in 2001.

Charpentier joins the board with extensive experience in the finance and credit insurance industry, having previously worked at SCOA, Pinault Group, Société Marseillaise de Crédit, Cobac, Société Française de Factoring and Eurofactor. In 2002, he assumed the role of managing director of several divisions within Atradius, before joining the company’s management board as chief insurance operations officer in 2013.

Charpentier retired in January, and now serves as chairman of the supervisory board of Graydon Holding in the Netherlands, beside his new appointment at the LCI.

“In his capacity as chairman of LCI, Charpentier will bring his wide experience to support the company in implementing its growth strategy and in its development and expansion,” the company says in a statement.

LCI is an independent specialised credit insurance company operating mainly in Lebanon and across the Middle East. It was established in 2001 as a joint venture between Atradius, a group of local and regional insurance companies and private holding companies.