Italian export credit agency (ECA) Sace has hired Sandeep Babbar as the new head of its Mumbai office.

Babbar has significant experience in the banking and financial sector, having spent 20 years at BNP Paribas.

His roles have included relationship management with corporates and international financial institutions as well as ECAs and multilateral agencies.

Babbar will have overall responsibility for the company’s operations, including business development and client relationships in India, Bangladesh, the Maldives, Myanmar and Sri Lanka.