Francoise Palle-Guillabert is re-elected chair of the EU Federation

Mme Françoise Palle-Guillabert, director general of the French Association of Specialised Finance Companies (ASF), has been re-elected as chair of the EU Federation for a second term following a vote by the EUF’s executive committee which met on March 30th 2020. Her reconfirmed mandate takes effect immediately for a further period of 2 years.

Françoise Palle-Guillabert received a French Master’s degree in law and a master in public affairs from the Institut d’Études Politiques in Paris. Since October 2008, Françoise Palle-Guillabert has been the director general of the French Association of Specialised Finance Companies (ASF). She has been a board member of The EU Federation since 2009.

At the same meeting, the EUF executive committee also re-elected Fausto Galmarini of Assifact (Italy) as a vice chair, and elected Magdalena Wessel of DFV (Germany) as a vice chair, further cementing and strengthening a highly knowledgeable and experienced leadership team for the Organisation.

Mme Palle-Guillabert stated “I am delighted and honoured to have been re-elected to continue this important role of leading the EUF; the Factoring and Commercial Finance Industry has a key part to play in supporting economic growth, employment and wealth creation in Europe. In the current unprecedented Covid-19 pandemic, European Factors will give particular attention in the coming months to the needs of businesses, from micro to SME, from merchant to large corporate, all of which are exposed to the consequences of this exceptional health crisis. We work to reinforce this message with our regulators and lawmakers and to ensure that as providers we can continue to deliver our services for the benefit of all.