ACE Global Markets Makes Trade Credit Appointments

April 7, 2010

ACE Global Markets made several key appointments to its Trade Credit teams in London and New York.

Stuart James has been appointed head of Trade Credit based in London, effective June 1. He will be responsible the performance and development of the business on a global basis. Stuart will report to Julian Edwards, head of Political Risk & Credit at ACE Global Markets. He will join ACE from EH Collections, part of leading credit insurance provider Euler Hermes and was previously head of Strategic and Global Account Management, a regional director of World Agency and board director of the business.

Peter Amos has been appointed underwriting manager of the team effective Sept. 1. He will join from credit insurer Atradius where he was head of Special Products, UK and Ireland.

Paul Holroyd has been appointed senior underwriter in London with effective June 1. He will join ACE from Euler Hermes and was strategic account manager. He has previously held roles with Coface and Marsh.

Martin Jeffery has joined ACE as risk analyst. He has 18 years experience in credit management roles and joins from Zurich Insurance where he was risk underwriter.

Howard Lee has joined ACE as underwriter, Trade Credit based in New York. He reports to Joe Loiacano, manager of ACE’s Trade Credit business in New York. He was previously at FCIA as an underwriter servicing the US West Coast region.

Julian Edwards commented: “We have put in place a team with considerable trade credit experience which demonstrates our determination to expand the business. We also intend to build the team further in the near future with additional appointments to our Risk Analyst team in London and Singapore.”

George Bolton, vice president of Structured Trade Credit, who has been heading up the Trade Credit team over the interim period, will continue to be involved to ensure a consistent transition.

Source: ACE

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