BPL, an independent broker in credit and political risk insurance (CPRI), has appointed Edouard Huberdeau as director as part of its continued global expansion.
Huberdeau will be based in BPL’s Geneva and Paris offices and focus on developing tailored credit insurance solutions, including margins, for existing clients. He will also support new clients in Europe and the commodities industry, helping them use credit insurance to manage risk and optimize capital.
Prior to joining BPL, Huberdeau served as Chief Financial Officer of Alvean Sugar SL, the world’s largest sugar trading company, where he oversaw financing strategy, risk management and financial transformation.
Earlier in his career, he led UBS’s commodities trade finance business in Geneva, managed the energy and soft commodities divisions and established the bank’s credit insurance unit in 2012. Huberdeau also held roles in the commodities trading management teams at BNP Paribas and Credit Lyonnais.
James Reynolds, CEO of BPL, commented: “We knew we needed someone who could bring a fresh commercial perspective 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 commodities finance space, will be extremely valuable to our new and existing clients, especially in today’s environment.”
Huberdeau added: “It is an exciting time to join BPL. I look forward to leveraging my operational and technical expertise in banking, commodities and corporate finance, including my practical knowledge of how to use mechanisms such as guarantors to support company growth and diversification.”
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