Topi Vesteri, deputy CEO and chief credit officer at Finnvera, has been elected president of the Berne Union.

He takes over from Zurich’s Daniel Riordan, who succeeded Johan Schrijver to the position in 2013.

The election took place at the Berne Union’s annual meeting – held for the first time in Asia – last week.

During the meeting in Shanghai, Michal Ron, head of international relations at Sace, was re-elected as vice-president.

Thomas Krings, regional director, risk, and member of the board of management at Euler Hermes, and Jan Vassard, deputy CEO at EKF, were re-elected as the chair and vice-chair of the short-term committee.

Beatriz Reguero, chief operating officer, state account business, at Cesce, and Adi Gross, chief underwriting officer at Ashra, were named as the chair and vice-chair of the medium long-term committee.

Vinco David, head of international relations, development and marketing at Atradius, and Jim Thomas, executive vice-president and managing director at Zurich, were re-elected as the chair and vice-chair of the investment insurance committee.

Chris Chapman, manager at NZECO was elected as the new chair of the Prague Club.