Coface appoints Oscar Villalonga to lead its North America region
Coface announces today the appointment of Oscar Villalonga, 52,as the new CEO, North America Region.
He joins the Executive Committee and reports to Xavier Durand, Group CEO. Oscar takes over from Fredrik Murer, who has decided to pursue career opportunities outside the Coface Group. Over the past two years, Fredrik initiated a deep transformation of the North American business, and played a key role in reorganising its distribution network.
Oscar has more than 20 years’ experience in senior leadership positions in the financial services industry. He spent most of his career in GE Capital, which he joined in 1996, attaining the role of President & COO for Puerto Rico and the Caribbean basin. In 2005, he moved to GE Capital’s headquarters in the US, as Managing Director of the Enterprise Client Group, and became Managing Director of Strategic Pricing & Capital Allocation for the Americas in 2009. In 2010, Oscar was appointed Commercial Leader and Senior Managing Director for Corporate Finance, and more recently led the project financing platform for GE’s Distributed Energy Resources projects.
Oscar brings to Coface a breadth of financial services experience and deep business acumen, including strong organisational skills, combined with a proven ability to lead both teams and complex business initiatives.
He holds a degree in Business Administration from the University of Puerto Rico.