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Groupama Insurance Romania has appointed François Coste as the new general director, replacing Sanda Nicoara who will become deputy general director and COO (chief operations officer) of the insurer.
Coste is experienced in emerging markets, having worked for Michelin between 1982 and 1999 and for AXA in the last 12 years. He held several positions such as financial director, IT director, and regional operations director.
Nicoara became general director in 2010 for a limited period and will pass the job to Coste, once the Insurance Supervisory Commission (CSA) approves the change.
Ovidiu Posirca