Capdevila to replace Isidoro Unda, who is leaving the business after 12 years.
Credit insurance business Atradius has appointed David Capdevila as its new chief executive, effective from 1 January 2020.
Capdevila is replacing current chief executive Isidoro Unda, who is leaving the organisation following a 12-year tenure at Atradius.
The appointment was confirmed at a board meeting held on 31 October, with the supervisory board of Atradius and the board of directors at Spanish-firm Grupo Catalana Occidente, Atradius’s parent company, both awarding approval.
Capdevila initially joined Grupo Catalana Occidente in 1992, as the firm’s director of organisation and quality; he has since held numerous positions within the group and its various companies.
For example, between 2006 and 2013, Capdevila acted as chief executive of domestic and export credit business Credito y Caucion; between 2010 and 2013 he was chief market officer and a member of the management board at Atradius and in 2016, he was appointed chief executive at Plus Ultra Seguros, a car, home, life, health and savings insurer.
Capdevila holds a degree in economics and business studies, as well as a masters degree in economics and business management, from the IESE Business School in Barcelona, Spain.
Jose Maria Serra, chairman of Grupo Catalana Occidente, said: “I am convinced that the appointment of David as the CEO of Atradius will boost the positioning of Atradius as a global credit insurer.”
Serra further thanked Unda for his service, and his role “in the development and consolidation of Atradius as the leading company in international credit insurance.”
Unda became chief executive at Atradius in April 2007, when Credito y Caucion and Atradius merged. Prior to this, Unda acted as chief executive at Credito y Caucion since 2001.
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