The Management Board

The Euler Hermes Management Board is composed of five members:

Wilfried Verstraete, Chairman of the Management Board

Wilfried Verstraete was appointed chairman of the Euler Hermes Group on 1st April 2009. He coordinates all group activities and is in charge at group level of strategy, internal audit, communication and the careers of the top executives. He also supervises the activities of the group in the United States, the United Kingdom, Belgium, Italy and the Netherlands.

From 1996 to 2004, Wilfried Verstraete worked at the France Telecom Group where he successively held the position of Chief Finance Officer (CFO) with Mobistar in Belgium, Wanadoo in Paris and Orange in London. He served as Chief Executive Officer (CEO) of Atradius from 2004 to 2006, before joining Allianz Global Corporate & Specialty as CFO.
Wilfried Verstraete, a Belgian citizen, graduated in Economics from the University of Brussels (VUB), holds a Master’s degree in financial management from VLEKHO and is an alumnus from the International Executive Program at Insead.

Gerd-Uwe Baden, member of the Management Board, responsible for
Risk – Information – Claims

German, born in 1955, graduate in law and management from Hamburg University, Gerd-Uwe Baden began his career in 1985 as management consultant with McKinsey & Company specialising in the insurance sector.

In 1991 he was appointed to the Management Committee of Deutsche Versicherung, a subsidiary of Allianz group, responsible for the Organization and Administration department before becoming head of Private Clients. Gerd-Uwe Baden was appointed Chief Executive Officer of Allianz Suisse in January 1998. He joined the Euler Hermes Board of Management in 2004. From 2004 to 2009 he was also Chairman of the Management Board of Euler Hermes Kreditversicherungs-AG (Germany). Currently, he is responsible for Risk, Information and Claims within the Euler Hermes Board of Management.

Nicolas Hein, member of the Management Board, responsible for Finance, Compliance, Legal & Tax

Born in Luxembourg in 1959, Nicolas Hein graduated in Economics at the “Université Libre” in Brussels.

He started his career in 1982 with Price Waterhouse Benelux before joining the Olivetti group for 7 years. In 1993 he joined Medeol (Eridania Beghin-Say group) as Financial Controller in Brussels before becoming Chief Financial Officer in 1995 (Paris), a position he also held with Cerestar for the period 1999 to 2001. From 2001, he was Chief Financial Officier of the Quick Group in Brussels heading the finance and administration functions (Belgium and France).
He was appointed Group Chief Financial Officer of Euler Hermes and member of the Group's Board of Management in 2004. Since 2010 he is also responsible for the areas Compliance, Legal and Tax.

Michel Mollard, member of the Euler Hermes Board of Management, responsible for Market Management, Marketing, Commercial, Distribution and Multinational Business

Michel Mollard is a graduate of the Ecole Polytechnique and the Ecole nationale supérieure de techniques avancées. He also holds a PhD in economics from the Institut d’Etudes Politiques de Paris.

He started his career in 1988 at the French Ministry of Defence in the satellite communications department before entering in 1992 the office of International Affairs of the French Treasure Department. There, he was in charge of “Loans to North Africa, Middle East and Asia” and became in 1995 the Head of French Treasure Loans. In 1998, he became Deputy General Manager of SOFARIS - currently Oséo Garantie - before joining in September 2001 Euler Hermes as Group Chief Strategy Officer. A member of the Euler Hermes Group Board of Management since 2004, Michel was also Chairman of the Management Board of the French entity Euler Hermes SFAC from 2006 to 2009.

Dirk Oevermann, member of the Management Board, responsible for Operations and IT

Dirk Oevermann joined the Euler Hermes group as member of the Management Board on 1st February 2010, in charge of operations and IT.
After holding various management positions at well-known software companies in the financial services industry, Dirk Oevermann joined IDS Scheer in 2003 as the manager of the consulting unit for banking. IDS Scheer is the market leader in Business Process Management (BPM) software, solutions and services for corporations and public organizations worldwide.

In 2005 Dirk Oevermann was named a managing director of IDS Scheer Germany, where he was responsible for consulting business in Germany. From 2006 to 2010 he served as member of the Executive Board of IDS Scheer AG, in charge of Europe, Middle East and Africa and he led the international consulting business.
Dirk Oevermann, 45, German, holds a doctorate in business administration.