Euler Hermes, a credit insurer and member of the Allianz Group, has appointed Ozlem Ozuner as new CEO of the Turkish entity.

Ozuner will join Euler Hermes with 20 years of banking experience, out of which the last 10 years with HSBC in London and Istanbul.

At HSBC, Ozuner held a variety of positions across the bank’s retail, commercial and corporate divisions in all aspects of relationship management. Her most recent role was group head of Corporate Banking in Turkey.

Prior to HSBC, Ozuner worked as area manager at Iktisat Bank and senior manager at Demirbank.