COFACE SA (COFA.PA)

11.30 +0.02 (+0.18%) At close: 05:35PM CET

COFACE SA

1, place Costes et Bellonte
Bois-Colombes 92270
France
33 1 49 02 20 00
https://www.coface.com

Sector(s): Financial Services
Industry: Insurance - Reinsurance
Full-time employees: 3,704

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Xavier Pascal Durand	CEO & Chairman of Management Board	2.33M	N/A	1964
Ms. Phalla Gervais	Member of Management Board and Chief Financial & Risk Officer	N/A	N/A	1968
Ms. Carole Lytton	General Secretary & Member of Management Board	N/A	N/A	1957
Mr. Cyrille Charbonnel	Group Chief Underwriting Director & Member of Management Board	N/A	N/A	1965
Mr. Nicolas Garcia	Group Commercial Director & Member of Management Board	N/A	N/A	1974
Mr. Thibault Surer	Strategy & Business Development Director and Member of Management Board	N/A	N/A	1962
Mr. Declan Daly	Group COO & Member of Management Board	N/A	N/A	1966
Mr. Keyvan Shamsa	Business Technology Director & Member of Management Board	N/A	N/A	1963
Mr. Pierre Bevierre	Chief Human Resources Officer & Member of Management Board	N/A	N/A	1968
Mr. Thomas Jacquet C.F.A.	Head of Investor Relations & Rating Agencies	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal, an information services web platform. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. COFACE SA was founded in 1946 and is headquartered in Bois-Colombes, France.

Corporate governance

COFACE SA’s ISS governance QualityScore as of 1 December 2023 is 2. The pillar scores are Audit: 5; Board: 2; Shareholder rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.