Gisler appointed as new leader at Serv
In a significant move for the Swiss export industry, Peter Gisler has been appointed as the new director of Swiss export insurer credit agency Serv, effective from January 1, 2017. Gisler is succeeding Herbert Wight, who is retiring at the end of the year.
Gisler brings a wealth of experience in export and trade finance to his new role. Prior to joining Serv, he served as the global head of export and trade finance at engineering company ABB. In this position, he oversaw letters of credit and guarantees, short-term trade management, and customer finance, playing a crucial role in facilitating and supporting ABB's international transactions.
Gisler's expertise extends beyond ABB. He has held various positions in export financing at UBS, demonstrating his versatility in the field. His leadership competencies have been evident in his ability to manage teams and departments, both domestically and internationally.
Serv's statement highlights Gisler's familiarity with the perspective of financing banks, which is expected to be beneficial in his new role. Gisler's appointment is seen as a strategic move to continue optimally supporting the Swiss export industry in international competition.
The board of Serv has expressed confidence in Gisler's ability to develop Serv successfully in a challenging environment. Gisler's previous experience, including his tenure at Aargauische Kantonalbank, where he served on the board, further underscores his qualifications for the role.
As the new director of Serv, Gisler is expected to continue the agency's mission of providing export credit and export risk insurance solutions that help Swiss companies manage risks in international trade. His appointment comes at a time of increasing activity in the European trade finance market, with companies like Trafigura and Mercuria closing significant RCF deals with large syndicates.
In the world of export and trade finance, Gisler is known for his expertise in Swiss export credit and export risk insurance. His appointment at Serv is a testament to the faith placed in his abilities to navigate the complexities of the industry and drive success for the agency.
Peter Gisler's extensive experience in export and trade finance, gained from his roles at ABB, UBS, and Aargauische Kantonalbank, will undoubtedly be beneficial in his new position as the director of Serv. In this role, he is anticipated to support the Swiss export industry, especially in the context of increasing activity in the European trade finance market, by providing export credit and export risk insurance solutions.
