Euler Hermes, the world’s leading trade credit insurer, announces a senior executive appointment for its operations in Poland.
Krzysztof Rzepka is appointed managing director of Claims and Collections for Euler Hermes Poland, with responsibility for all aspects of the company’s claims and collections activity in that region.
Rzepka joined Euler Hermes in August 2009 as Deputy CEO and CFO of Euler Hermes Poland’s Collections team. An ACCA member since 2004 and a Polish Certified Accountant (PCA) since 2008, he holds a master degree in corporate finance from the Warsaw School of Economics and is a post graduate in insurance studies at the Poznań Economic University.
Based in Warsaw, Rzepka will report to Tomasz Starus, member of the Euler Hermes Poland Management Board who said: “With his wealth of experience, Krzysztof is a valuable addition to the leadership team as we merge our Claims and Collections processes to provide a faster and more efficient service to our customers. Drawing on his significant experience of these key areas, as well as his strong country knowledge, Krzysztof will lead these exciting changes which build on our strong claims and collections business.
“While these changes will have no impact on our other business units or product lines, joining these key processes will enable us to simplify our processes and shorten the time taken to pay recoveries and claims.”
The merger of Euler Hermes Services Polska sp. z o. o., the entity being acquired, and Euler Hermes Collections sp. z o. o., as the acquirer, is expected to take place on December 29th 2017. The merger shall be executed on the basis of the Polish Commercial Companies Code (Article 492 par.1) by way of transfer of the assets of the target company to the acquiring company.
As a result, Euler Hermes Collections sp. z o.o. will acquire all the legal rights and obligations of Euler Hermes Services Polska sp. z o.o. from the date of the merger and will subsequently continue all activities previously carried out by Euler Hermes Services Polska sp. z o.o.