Coface strengthens organisation in Asia, with appointment of Hung Wong as Asia-Pacific Regional Manager08/25/2014
In line with its pursuit of a dynamic growth strategy in Asia, Coface has appointed Hung Wong to run its Asia-Pacific operations and to the group’s Executive Committee. Based in Hong-Kong, he will be able to draw on extensive regional experience and a strong track record in sales, channel management and partner development to grow Coface’s business in the region.
Coface expects a considerable slowdown of GDP in 2014 (at +1.3% in 2014, down from +2.5% in 2013), due to household consumption growing at a slower pace, investments losing momentum and a weak trade balance. Coface considers 2015 to be a turning point, boosting GDP in the medium term.