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Maxim Ryzhkov appointed CEO of Allianz Trade in China
Global Banking & Finance Review®
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Maxim Ryzhkov
Maxim Ryzhkov to drive strategic and fast-growing market in Asia Pacific
Allianz Trade is pleased to appoint Maxim Ryzhkov as CEO of Allianz Trade in China with effect from 1 January 2023. Mr Ryzhkov will be leading Allianz Trade in one of the largest and fastest growing markets in Asia Pacific. Mr Ryzhkov will be based in Shanghai and report to Regional CEO of Allianz Trade in Asia Pacific Paul Flanagan.
Prior to this appointment, Mr Ryzhkov was Commercial Director for Allianz Trade in Nordic, where he oversaw the commercial portfolio for Nordic and Baltic countries since 2018. He joined Allianz Trade in 2013 as Commercial Director and Deputy General Manager responsible for all commercial activities in Russia and Commonwealth of Independent States (CIS) countries. Before Allianz Trade, Mr Ryzhkov held various management positions in the banking and finance sector in Canada and Russia. Mr Ryzhkov holds a MBA degree from the University of Cambridge Judge Business School.
On his appointment, Mr Ryzhkov says, “I am very honoured to be appointed as China CEO and I am very grateful for the fruitful and fascinating years I had spent with the Northern Europe teams. Together with my new team, I look forward to continue to promote the Allianz Trade brand, help our customers to sustain long-term business growth and mitigate the risks arising from the future economic disturbances.”
Mr Flanagan speaks on this senior appointment, “China is the biggest piece of puzzle in our Asia Pacific region and I am very pleased that we have just the right person to help drive it going forward. With his proven expertise and extensive experience in growing the commercial portfolio and managing transformation topics, Maxim will undoubtedly drive our growth strategy and ambition in China. I am confident that Maxim, together with the local management teams, will achieve great success in this important market.”
Allianz Trade is a global leader in credit insurance and risk management, helping businesses manage their trade risks and protect against payment defaults.
A commercial director is responsible for overseeing a company's commercial strategy, managing sales and marketing, and ensuring that the company's products and services meet market demands.
An MBA, or Master of Business Administration, is a graduate degree that provides advanced education in business management, covering areas such as finance, marketing, and operations.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings, including financial uncertainties, legal liabilities, and strategic management.
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