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Coface SA appoints Marcele Lemos to lead its Latin America region

Paris, 10 September 2021 – 18.00

Coface appoints Marcele Lemos to lead its Latin America region

Coface announces today the appointment of Marcele Lemos as the new CEO, Latin America Region, effective on Monday, September 13th. She joins the Executive committee and will report to Xavier Durand, Group CEO. She takes over from Carmina Abad Sanchez who has decided to leave the Coface Group for an early retirement. During the past 3 years, Carmina’s impact on the company culture has been important. She has led the region through the sanitary crisis with courage and accountability and has built a solid group of leaders and experts who will support the enhancement of Coface’s position on Latin American markets.

Marcele originally joined the Coface team in 1999 as a Risk Underwriter. She was appointed Country Manager of Coface Brazil in 2011, making her the first female CEO in the insurance market in the country. She also held the position of Strategic Planning Director for Coface Latin America. On May 1st, 2021, Marcele was appointed as Chief Operating Officer of the North America Region. In just a few months, she already achieved significant progress in the operations and customer service.

Marcele holds a Bachelor of Arts in Business Administration from Gama Filho University. She also hold an MBA in International Business and Finance from Fundação Getúlio Vargas and an International Executive MBA from Ohio University.

Her solid experience in all the areas of business will be a strong asset to lead the further development of the region in the coming years.



T. +33 (0)1 49 02 14 91

Corentin HENRY
T. +33 (0)1 49 02 23 94


T. +33 (0)1 49 02 12 58

T. +33 (0)1 49 02 22 28

FINANCIAL CALENDAR 2020/2021 (subject to change)
9M-2021 results: 28 October 2021 (after market close)

This press release, as well as COFACE SA’s integral regulatory information, can be found on the Group’s website:

For regulated information on Alternative Performance Measures (APM),
please refer to our Interim Financial Report for S1-2021 and our 2020 Universal Registration Document.

Coface: for trade

With 75 years of experience and the most extensive international network, Coface is a leader in trade credit insurance and adjacent specialty services, including Factoring, Single Risk insurance, Bonding and Information services. Coface’s experts work to the beat of the global economy, helping ~50,000 clients build successful, growing, and dynamic businesses across the world. Coface helps companies in their credit decisions. The Group's services and solutions strengthen their ability to sell by protecting them against the risks of non-payment in their domestic and export markets. In 2020, Coface employed ~4,450 people and registered a turnover of €1.45 billion.

COFACE SA is quoted in Compartment A of Euronext Paris
Code ISIN: FR0010667147 / Mnémonique : COFA

DISCLAIMER - Certain declarations featured in this press release may contain forecasts that notably relate to future events, trends, projects or targets. By nature, these forecasts include identified or unidentified risks and uncertainties, and may be affected by many factors likely to give rise to a significant discrepancy between the real results and those stated in these declarations. Please refer to chapter 5 “Main risk factors and their management within the Group” of the Coface Group's 2020 Universal Registration Document filed with AMF on 31 March 2021 under the number D.21-0233 in order to obtain a description of certain major factors, risks and uncertainties likely to influence the Coface Group's businesses. The Coface Group disclaims any intention or obligation to publish an update of these forecasts, or provide new information on future events or any other circumstance.