Latest appointment bolsters insurance broker’s European presence

BPL, the world’s leading independent credit and political risk insurance (CPRI) broker, has appointed Edouard Huberdeau as Director, as part of its continued expansion of its global capabilities.

At BPL, Edouard will be working across the Geneva and Paris offices to develop tailored solutions for existing clients across the credit insurance spectrum, including surety. He will also use his 25 years of experience to bear in advising new clients operating in Europe and within the commodities sector on how they can apply credit insurance for both risk management and capital efficiency.

Indeed, Edouard’s most recent role prior to moving to BPL was as Chief Financial Officer at Alvean Sugar SL, the world’s largest sugar trading company, where he was responsible for financing strategy, risk management and financial transformation.

Before that, Edouard worked in UBS’ commodity trade finance team in Geneva, heading the Energy and Soft Commodities desks, and overseeing the creation of the bank’s credit insurance desk in 2012. Prior to UBS, he sat on the Paris management team for BNP Paribas’ commodity trading activity, following his time at major French bank Crédit Lyonnais.

James Reynolds, Chief Executive Officer, BPL, said: “We knew we wanted someone who could bring a fresh commercial eye as we continue to develop innovative solutions that meet our clients’ capital efficiency needs. Edouard’s deep, first-hand banking and corporate experience, particularly in the commodity finance space, will be hugely valuable to our clients old and new, particularly in today’s climate.”

Edouard Huberdeau, Director, BPL said: “It’s an exciting time to be joining BPL. I’m looking forward to drawing on my operational and technical expertise in banking, commodities and corporate finance, including my practical knowledge of how mechanisms such as sureties can be used to support a company’s growth and diversification.”