SAUDI-FRENCH MEETING WITH COFACE'S GLOBAL CEO

Introduction

THIS MEETING IS FOR CAFS MEMBERS AND BY INVITATION ONLY.

This meeting is organised on the occasion of the visit to Riyadh of Mr. Xavier DURAND, Global CEO of COFACE.

Provisional program of meeting

7 PM – Welcoming speech by Dr. Mohamed Ben Laden, President of the Saudi French Business Council (CAFS).
7.10 PM – Interview of Mr. Xavier Durand on:
- Evolution of Saudi-French trade relations
- Global economic conditions
- Emerging risks
- An update on Coface’s Power the Core strategy
7.30 PM – Q&A and discussions with participants about the Saudi Vision 2030 and the Saudi market.
7.40 PM – Networking reception

Presentation of COFACE

Coface is a global leader in trade credit risk management, headquartered in France. For over 80 years, Coface has been helping companies grow and navigate uncertainty. Leveraging its unique expertise in credit risk management and cutting-edge technology, Coface serves 100,000 clients across 200 markets, offering a full range of solutions for both domestic and export markets: Trade Credit Insurance, Business Information, and Debt Collection.

In the Kingdom of Saudi Arabia, Coface partners with leading insurance providers to deliver trade credit insurance solutions. Our expertise empowers local and international companies to trade with confidence, mitigate risk, and achieve sustainable growth in today’s dynamic and evolving marketplace.

Biography of Mr. Xavier DURAND

Chief Executive Officer of COFACE

30+ years of international experience in regulated financial services. Xavier Durand is a graduate of the École Polytechnique and the École Nationale des Ponts et Chaussées. He started his career in 1987 with consultancy firm The Mac Group (Gemini Consulting) before joining Banque Sovac Immobilier in 1994 as deputy CEO. In 1996, Xavier Durand joined GE Capital, where he led an international career, first in Chicago as Director of Strategy and Growth in the finance division of the Global Auto business, then in France, first as CEO of GE Money Bank France, then CEO for Europe of GE Money and GE Capital’s banking activities. In 2011, he was named CEO of GE Capital Asia Pacific, based in Japan. He was appointed GE Capital’s Director of Strategy and Growth, based in London, at the end of 2013. He has been Chief Executive Officer of COFACE SA since February 9, 2016.