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DS-Concept names René Pastor President - Global Commercial Operations & Peter Maerevoet CFO/CHRO

Mönchengladbach, Germany (November 3, 2016) -  DS-Concept, a leading provider of international trade finance and factoring, today announced that René Pastor, currently Senior Executive Vice President Global Business Development will be promoted, effective November 1, to President - Global Commercial Operations. He continues to report directly to Ansgar Hütten, CEO & Executive Director. ‘Given René’s strong commercial instinct, his clear understanding of the business model and his passion for the client, we are convinced that he is the right person for this role’, said Ansgar Hütten.

All commercial, account management and marketing departments will report to the newly created position.

Mr. Pastor joined DS-Concept in 2007 and has held roles with increasing responsibilities. He has more than 15 years of experience in trade financing and insurance and is widely recognized as an expert in this field.

‘René has been my thought partner for 9 years now and together we can be proud of all the progress we made for DS-Concept. His consistent drive and leadership to improve results have contributed to the continued growth of DS-Concept’, said Ansgar Hütten.

DS-Concept today also announced that Peter Maerevoet will join the company as Chief Financial Officer (CFO) & Chief Human Resources Officer (CHRO), a newly created role. He will be responsible for leading all aspects of the global finance and HR functions, including controlling, reporting, recruitment, talent planning and organizational development.

Mr. Maerevoet started his career at Procter & Gamble in Belgium where he held various Finance functions in Product Supply, Logistics, Sales, Marketing and Corporate. He moved on to Levi Strauss & Co for 10 years, where he held responsibilities in Supply Chain Finance Europe and Global Strategy prior to moving to San Francisco in 2010 to become VP Global Supply Chain Finance, managing all Cost of Goods Sold, Inventory & Payables for the company. He provided financial leadership towards the sourcing strategy and the optimal supply chain organization.

‘We are pleased to welcome Mr. Maerevoet to our global leadership team and lead our Finance and Human Resources departments. Peter is a valued and trusted leader who brings DS-Concept a lot of best practices from reputable companies and a deep understanding of how global business works’, said Ansgar Hütten, CEO.

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