Latest news with #ManagementBoard
Korea Herald
6 days ago
- Business
- Korea Herald
Atradius announces changes in Management Board
AMSTERDAM, July 4, 2025 /PRNewswire/ -- With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board. Andreas Tesch, currently Chief Market Officer (CMO), has been appointed as the new Chief Risk Officer (CRO). He replaces Christian van Lint, who is stepping down after a 42-year career at Atradius, including 13 years as a board member. Christian will remain an advisor to the company's highest executive body until 31st December 2025. The CMO position will be split into two sections: Marta Nodal, currently Director of Spain, Portugal, and Brazil, will join the Management Board as CMO. She will oversee operations in the commercial regions of Spain, Portugal, and Brazil; Germany, Central and Eastern Europe; the Netherlands and the Nordics; France, Belgium, and Luxembourg; and Italy. Additionally, she will be responsible for Collections, Surety and Instalment Credit Protection. Marc Henstridge will lead as CMO the commercial regions of the United States, Mexico, and Canada; Asia; Oceania; and the United Kingdom and Ireland. He will also manage Global, Credit Specialties, and Atradius Re. Claus Gramlich-Eicher, Chief Financial Officer (CFO), will take on the supervision of Enterprise Risk Management in addition to his existing duties. David Capdevila, Chief Executive Officer (CEO), will take on the oversight of Information Technology Service and Group Marketing and Communication. These changes will take effect from 1st September. David Capdevila, CEO: "I want to thank Chris for his focused, calm and kind leadership, outstanding teamwork, dedication, and great contributions to our success and welcome Marta Nodal on board. By incorporating new perspectives and redefining key roles, we're positioning ourselves to face future challenges with greater agility and effectiveness. These changes aim to leverage the unique strengths and expertise of each member. We're confident that these modifications will strengthen our ability to achieve our strategic objectives and continue delivering exceptional value to our customers and stakeholders." About Atradius Atradius is a global provider of credit insurance, bond and surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of GCO, one of the leading companies in the Spanish insurance sector and one of the largest credit insurers in the world. You can find more information online at
Cision Canada
6 days ago
- Business
- Cision Canada
Atradius announces changes in Management Board
With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board AMSTERDAM, July 4, 2025 /CNW/ -- With effect from 1st September, Atradius has announced changes in the distribution of responsibilities and the composition of the Management Board. Andreas Tesch, currently Chief Market Officer (CMO), has been appointed as the new Chief Risk Officer (CRO). He replaces Christian van Lint, who is stepping down after a 42-year career at Atradius, including 13 years as a board member. Christian will remain an advisor to the company's highest executive body until 31st December 2025. The CMO position will be split into two sections: Marta Nodal, currently Director of Spain, Portugal, and Brazil, will join the Management Board as CMO. She will oversee operations in the commercial regions of Spain, Portugal, and Brazil; Germany, Central and Eastern Europe; the Netherlands and the Nordics; France, Belgium, and Luxembourg; and Italy. Additionally, she will be responsible for Collections, Surety and Instalment Credit Protection. Marc Henstridge will lead as CMO the commercial regions of the United States, Mexico, and Canada; Asia; Oceania; and the United Kingdom and Ireland. He will also manage Global, Credit Specialties, and Atradius Re. Claus Gramlich-Eicher, Chief Financial Officer (CFO), will take on the supervision of Enterprise Risk Management in addition to his existing duties. David Capdevila, Chief Executive Officer (CEO), will take on the oversight of Information Technology Service and Group Marketing and Communication. These changes will take effect from 1st September. David Capdevila, CEO: "I want to thank Chris for his focused, calm and kind leadership, outstanding teamwork, dedication, and great contributions to our success and welcome Marta Nodal on board. By incorporating new perspectives and redefining key roles, we're positioning ourselves to face future challenges with greater agility and effectiveness. These changes aim to leverage the unique strengths and expertise of each member. We're confident that these modifications will strengthen our ability to achieve our strategic objectives and continue delivering exceptional value to our customers and stakeholders." About Atradius Atradius is a global provider of credit insurance, bond and surety, collections and information services, with a strategic presence in over 50 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit. Atradius is a member of GCO, one of the leading companies in the Spanish insurance sector and one of the largest credit insurers in the world. You can find more information online at
Yahoo
25-06-2025
- Business
- Yahoo
Nabaltec AG: Annual General Meeting Resolves to Distribute a Dividend of EUR 0.29 Per Share
SCHWANDORF/AMBERG, Germany - June 25, 2025 (NEWMEDIAWIRE) - At today's Annual General Meeting of Nabaltec AG in Amberg, the shareholders once again expressed their confidence in the Management Board and Supervisory Board. The meeting followed the proposal of the company's management and resolved to distribute a dividend totaling EUR 2.55 million, which corresponds to a payout of EUR 0.29 per share (previous year: EUR 0.28 per share). The remaining distributable profit of EUR 60.0 million will be carried forward to new account and thus contribute to strengthening the company's equity - an important step in further implementing the company's growth strategy. The shareholders also approved the proposals for the discharge of the Management Board and Supervisory Board, as well as the appointment of the auditor for the Financial Year 2025, by a large majority. "The broad approval of our shareholders for the strategic direction of Nabaltec AG is a strong sign of trust -especially in a challenging market environment," said Johannes Heckmann, CEO of Nabaltec AG. "Despite our continued high level of investment, which requires targeted profit retention, it is very important to us to let our shareholders participate in the company's success. We are therefore all the more pleased to be able to distribute a dividend again this year." Note: The voting results for Nabaltec AG's 2025 Annual General Meeting will be available for download from the Investor Relations/Annual General Meeting section of shortly. About Nabaltec AG: Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, "Functional Fillers" and "Specialty Aluminas". The company's product range includes eco-friendly flame retardant fillers and functional additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics, the refractory and polishing industries. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment. Contact: Kerstin Schuierer Frank Ostermair/Vera Mller Nabaltec AG Better Orange IR & HV AG Phone: +49 9431 53-204 Phone: +49 89 8896906-14 Fax: +49 9431 53-260 Fax: +49 89 8896906-66 E-mail: E-mail: nabaltec@ Sign in to access your portfolio
Yahoo
20-06-2025
- Business
- Yahoo
Resolutions of the Annual General Meeting of Shareholders from 20 June 2025
The annual general meeting of shareholders of AS Trigon Property Development (registry code: 10106774; hereinafter the 'Company') was held on 20 June 2025 in Tallinn, Pärnu mnt 18. The annual general meeting started at 10:00. 2,570,164 votes represented by the shares of the Company, i.e. 57,127% of all the votes represented by the shares of the Company, participated at the meeting. Therefore, the annual general meeting was competent to pass resolutions regarding the items on the agenda. Resolutions of the annual general meeting: 1. Approval of the annual report of the Company for the financial year 2024 To approve the annual report of the Company for the financial year 2024, in accordance with which the balance sheet value of the Company as at 31 December 2024 was 1,873,680 euros and the net profit for the financial year was 167,409 euros. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 2. Allocation of the net profit for the financial year 2024 To approve the net profit allocation proposal made by the Management Board and to carry the net profit for 2024 in the amount of 167,409 euros to accumulated profit. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 3. Appointment of the auditor for the financial year 2025 and determining the remuneration policy for the auditor To appoint AS PricewaterhouseCoopers (registry code 10142876, address Pärnu mnt 15, 10141 Tallinn) as the auditor of the Company for the financial year 2025. The auditing services will be paid for in accordance with the contract to be drawn up with the auditor. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. 4. Remuneration of the Supervisory Board member To pay the Supervisory Board member Aivar Kempi an one-off payment in the amount of EUR 2,400 and starting from 21.06.2025 a monthly fee of EUR 200. In favour 2,569,152 votes i.e. 99.96% of all votes in the meeting and against 1,012 votes i.e. 0,04% of all votes in the meeting. Thus the resolution was adopted. The minutes of the general meeting of shareholders are available on Company's web-page, at TomingasMember of the Management Board+372 66 79 200info@
Morocco World
13-06-2025
- Business
- Morocco World
Maroc Telecom's Strategic Pivot: Mohamed Benchaaboun Takes the Helm in a New Digital Era
Rabat — Morocco's central telecom giant is at a turning point, ever since Mohamed Benchaaboun was appointed as Chairman of the Management Board of Maroc Telecom on March 1, 2025. This move transcended a mere change in leadership. It represents a monumental shift for one of Africa's largest telecom operators, amid mounting competitive pressure, regulatory scrutiny, and the pressing need for digital modernization. Benchaaboun stepped in at a moment when Maroc Telecom was undergoing a deep transformation, one that extends far beyond Morocco's borders. With the 2030 FIFA World Cup approaching, co-hosted by Morocco, Spain, and Portugal, the pressure to scale infrastructure, improve connectivity, and fast-track 5G deployment is no longer abstract. It's national, regional, and urgent. A technocrat with a global compass Benchaaboun is no stranger to complexity. With a background that traverses telecommunications, banking, and economic policy, he brings an unusually broad toolkit to the telecoms sector. A graduate of the prestigious École Nationale Supérieure des Télécommunications in Paris, Benchaaboun began his career at Alcatel-Alsthom before moving into public service. He started first as Director of Customs and Indirect Tax Administration, then as head of Morocco's telecom regulator, ANRT, from 2003 to 2008. He later helmed Banque Centrale Populaire during a decade of regional expansion, served as Minister of Economy and Finance from 2018 to 2021, and held diplomatic office as Morocco's Ambassador to France. His most recent role, managing the Mohammed VI Investment Fund, cemented his place as one of Morocco's key figures in strategic economic planning. At Maroc Telecom, this seasoned technocrat brings a balance of regulatory acumen, fiscal discipline, and geopolitical awareness, traits increasingly essential for a sector at the crossroads of global digital transition and national development imperatives. Reckoning, realignment Maroc Telecom's new chapter began under pressure. In 2024, the company was fined MAD 6.3 billion ($640 million) for anti-competitive practices, a sum exceeding its annual net profit. The ruling prompted a reckoning inside the company, with internal audits, executive reshuffles, and the drafting of new governance structures aligned with international standards. A shareholder vote scheduled for June 2025 is expected to ratify sweeping changes in transparency, oversight, and performance culture. Benchaaboun's leadership is seen as instrumental in navigating this shift. Known for his discretion and long-term vision, he is tasked not only with repairing reputational damage but with repositioning Maroc Telecom for the digital age. From rivalry to strategic alliance One of the most significant moves under his watch came swiftly. In March 2025, Maroc Telecom signed a historic cooperation deal with its longtime competitor, Inwi. Just months earlier, the two had been locked in litigation. Now, they are collaborators, sharing infrastructure, coordinating on 5G rollout, and aligning on innovation priorities. This unexpected alliance signals a broader shift toward market maturity in Morocco's telecoms sector. For consumers and enterprises, the potential gains are substantial: better connectivity, faster deployment of next-generation networks, and reduced redundancy in national infrastructure spending. April brought another strategic leap: a new partnership with Vodafone Business aimed at strengthening cloud services, cybersecurity, and enterprise solutions across Morocco and the broader region. These moves, backed by Benchaaboun's diplomatic finesse and institutional credibility, form part of Maroc Telecom's larger ambition to play a regional leadership role in Africa's digital transformation. The World Cup test, the 5G race The countdown to the 2030 FIFA World Cup looms large over every telecom executive in Morocco. For Benchaaboun, it's both a deadline and a litmus test. Hosting one of the world's largest sporting events requires seamless digital infrastructure, robust mobile connectivity, and secure data environments — especially as spectators, broadcasters, and governments increasingly rely on real-time digital services. This means that 5G is not just a buzzword; it is a national priority. Yet, despite pilot programs and early commercial offerings, widespread 5G deployment remains uneven across Morocco. The challenge is not just technological, but economic and political: it requires managing spectrum allocation, negotiating vendor relationships, safeguarding against cyber risks, and ensuring equitable access. Morocco seeks to extend 5G coverage to 25% of its population by the end of 2025, with a target of reaching 70% by 2030, according to the ANRT. The rollout will prioritize major cities and strategic economic areas, including industrial zones, technology parks, and innovation hubs. Universities, research institutions, and high-tech sectors such as automotive and aeronautics are expected to be early beneficiaries of the new network. This large-scale initiative comes as part of a landmark collaboration between Maroc Telecom and Inwi, which in March established two joint ventures to support the effort. FiberCo plans to deploy one million fiber optic connections within two years and expand to three million within five. TowerCo, the second venture, is set to build 2,000 telecom towers by 2028 and 6,000 by 2033. The overall investment, projected at MAD 4.4 billion ($440 million), seeks to enhance efficiency and accelerate nationwide access through shared infrastructure. Meanwhile, Orange Morocco is pursuing a parallel approach, weighing a combination of independent development and selective partnerships. Benchaaboun's deep knowledge of public finance and regulatory systems may prove decisive here. His role in deploying cloud-based public services and digital ID systems during his time as finance minister underscores his understanding of how telecom infrastructure can be leveraged for broader socioeconomic development. Balancing legacy, innovation Maroc Telecom remains a legacy institution, with operations in 11 African countries and deep roots in Morocco's state-led development model. But, in an era defined by startups, cloud-native platforms, and AI-powered services, the pressure to modernize is accelerating. With private capital increasingly demanding performance and regulators tightening controls, the margin for error is shrinking. Benchaaboun is expected to strike a balance between legacy stewardship and forward-looking innovation. His ability to navigate both boardroom politics and international capital markets positions him uniquely to lead the telecom giant into its next phase. The stakes are high. From rebuilding trust after regulatory fines, to transforming Morocco into a 5G-enabled World Cup host, to expanding Maroc Telecom's footprint across Africa's emerging digital economies, the challenges are vast and interconnected. Yet, amid these stakes also comes a vast horizon of opportunity. With Mohamed Benchaaboun at the helm, Maroc Telecom is betting on technocratic leadership to deliver strategic realignment — not just for shareholder value, but for the future of Morocco's digital infrastructure and its place on the global stage. Tags: FIFA World Cup 2030Maroc TelecomMohamed BenchaabounMorocco 5g
