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28.08.09

Herbert Wight new director of SERV

The Board of Directors of Swiss Export Risk Insurance SERV has selected Herbert K. Wight, presently Head of Business Underwriting Office, as its new director. Herbert Wight has many years of experience in the area of export financing and occupied leading positions in this sector at various Swiss banks. He joined SERV at the beginning of 2008.

Herbert Wight will replace Dr. Christoph Sievers as of 1 December 2009. Dr. Sievers led the transition of the former ERG to SERV with prudence and great commitment. This transition is now complete. SERV is solidly structured and has a competitive product range which has been supplemented and strengthened within the context of the Swiss Confederation’s stabilisation measures and allows SERV to support Swiss exporters in a targeted manner. This is of special significance in the current difficult economic situation.

The Board of Directors of SERV thanks Dr. Christoph Sievers for his prudent leadership in the restructuring and development of SERV. It is convinced that Herbert Wight will successfully further develop and strengthen SERV.

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