Meet our economists
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Chief Economist
Ludovic joined Euler Hermes as Chief Economist in 2011. He also heads macroeconomic and thematic research for Allianz SE globally since 2017. Ludovic sits on the Board of Directors of Solunion...
Ludovic Subran is the Chief Economist of Allianz. He is also Chief Economist of Allianz Trade (formerly: Euler Hermes). Prior to joining Allianz, Ludovic worked for the World Bank, the United Nations World Food Program and the French Ministry of Finance. A French national, Ludovic is a Member of the Council of Economic Advisors to the Prime Minister. Ludovic is a Young Global Leader of the World Economic Forum, a Millenium Fellow of the Atlantic Council, and a David Rockefeller Fellow of the Trilateral Commission. He has been ranked by Richtopia among the Top 100 most influential economists, and by Institut Choiseul and Le Figaro as one of the Top 100 French leaders of tomorrow. Ludovic also sits on several boards of directors and advisory boards. Ludovic is an Adjunct Professor of economics at HEC Business School and Sciences Po Paris. He has co-authored three books: Hunger and Markets (2006), Désordre dans les Monnaies (2015), and Je comprends enfin l'Économie (2020). Ludovic is a graduate of the École Nationale de la Statistique et de l'Administration Économique and of Sciences Po Paris. Ludovic is fluent in seven languages.
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Head of Economic Research
Ana Boata joined Euler Hermes in 2012 as an economist specializing in European markets. In 2018 she became the Head of Europe Research and SME thematic research and in 2019 Head of Macroeconomic Research...
Ana Boata joined Euler Hermes in 2012 as an economist specializing in European markets. In 2018 she became the Head of Europe Research and SME thematic research and in 2019 Head of Macroeconomic Research. Ana received the 2018 Best Forecaster Award for the Eurozone from Consensus Forecast, and her team has been ranked among the top 10 best forecasters worldwide for two consecutive years by Focus Economics. She gives regular interviews to international Tier-1 media on global topics, with a focus on Europe and Brexit. She also teaches macroeconomics at Paris Dauphine University and country risk analysis at Sciences Po Paris. Before joining Euler Hermes, Ana spent two years as an economist at Exane BNP Paribas. She is an alumna of Paris 1 Panthéon-Sorbonne and Paris 2 Panthéon-Assas.
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Head of Corporate Research
Ano Kuhanathan is an EDHEC alumna and a Ph.D. graduate in economics from Paris-Dauphine. He held various positions in the financial industry in trading, research and consulting. He was the Eurozone Economist at Axa Investment Managers from 2016 to 2018...
Ano Kuhanathan is an EDHEC alumna and a PhD graduate in economics from Paris-Dauphine. He held various positions in the financial industry in trading, research and consulting. He was the Eurozone Economist at Axa Investment Managers from 2016 to 2018. Before joining Euler Hermes in 2020, he was the Head of Economic Advisory and Advanced Analytics at E&Y Advisory. Ano regularly teaches economics, sustainable finance and applied data science at Neoma Business School. He became the Head of Corporate Research at Allianz Trade in April 2022.
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Lead analyst for Insolvency Research
Maxime joined Euler Hermes in 1993 as a credit analyst for Euler Hermes France, specializing in the food and retail sectors. He joined the Economic Research team in 1999, first working on sectors and then on macroeconomic analyses, before becoming the team leader for global forecasts up to 2014....
Maxime joined Euler Hermes in 1993 as a credit analyst for Euler Hermes France, specializing in the food and retail sectors. He joined the Economic Research team in 1999, first working on sectors and then on macroeconomic analyses, before becoming the team leader for global forecasts up to 2014. Maxime was in charge of cross-cutting sector and insolvency research, and also covered the automotive sector and coordinated the sector risk ratings. In April 2022, Maxime became the Lead Analyst for Insolvency Research at Allianz Trade. Maxime holds a Master's degree from the University of Paris Dauphine.
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Senior Economist for Emerging Europe and the Middle East
Manfred joined Euler Hermes in 1998. He is the regional economist for Emerging Europe, Central Asia and the Middle East. He is responsible for macroeconomic and country risk analysis...
Manfred joined Euler Hermes in 1998. He is the regional economist for Emerging Europe, Central Asia and the Middle East. He is responsible for macroeconomic and country risk analysis. He has developed a particular expertise in country risk assessment and oversees the country risk methodology at Euler Hermes. Manfred has a keen interest in international trade and emerging markets analysis. Based in Hamburg, Manfred has held various positions in Marketing, Risk and the Economic Research Department of Euler Hermes. Prior to that, he worked as a research associate at the University of Hamburg. Manfred holds a PhD in economics and a diploma in mathematics.
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Senior Economist for North America
Dan joined Euler Hermes in 1996. He is the economist for the US and Canada, based in Owings Mills, Maryland. He uses macroeconomic and quantitative analyses to help manage the risk portfolio. Dan has appeared on a wide range of media both in the US and abroad, such as CNBC, ABC News Now, Bloomberg Radio and Television, The Washington Post, Le Monde and The Wall Street Journal...
Dan joined Euler Hermes in 1996. He is the economist for the US and Canada, based in Owings Mills, Maryland. He uses macroeconomic and quantitative analyses to help manage the risk portfolio. Dan has appeared on a wide range of media both in the US and abroad, such as CNBC, ABC News Now, Bloomberg Radio and Television, The Washington Post, Le Monde and The Wall Street Journal. He is a top speaker at trade groups and credit managers’ associations, often meeting with clients and prospects throughout North America. Prior to that, Dan worked as an investment analyst at Citicorp. He earned his MBA from the Wharton School of Business.
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Senior economist for Asia-Pacific and Trade
Françoise joined Euler Hermes in 2019 as the Senior Economist for Asia Pacific. Before her current position, Françoise worked as an Economist for over 5 years at the equity broker Exane BNP Paribas in London...
Françoise joined Euler Hermes in 2019 as the Senior Economist for Asia Pacific. Before her current position, Françoise worked as an Economist for over 5 years at the equity broker Exane BNP Paribas in London. There, she was in charge of the macroeconomic analysis of the Chinese economy and Emerging Markets. She also worked on global and European topical themes. Her other work experiences include the ACPR, the French supervisor for the banking and insurance sectors. Françoise is a graduate from ENSAE ParisTech, with a Statistician Economist degree, specialised in economic forecasting and public policies. She also studied in the APE programme (economic analysis and policy) at Paris School of Economics.
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Senior Economist for France and US
Maxime joined Allianz Trade in 2022 as a Senior Economist for France and US.Prior to joining Allianz Trade, Maxime worked for more than 5 years at Fitch Ratings in London and Hong Kong...
Maxime joined Allianz Trade in 2022 as a Senior Economist for France and US.Prior to joining Allianz Trade, Maxime worked for more than 5 years at Fitch Ratings in London and Hong Kong. He was the lead forecaster for the large Asia-Pacific economies (excl China) and South Africa and published regular notes and research on these economies. Prior to that, he worked for the French Treasury in Paris where he held various analytical positions, including the lead forecaster for French inflation and France’s external trade. Maxime holds a joint Master degree from the University of Paris I Sorbonne and the Paris School of Economics.
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Economist for Ibero - Latin America
Roberta joined Euler Hermes in 2022 as Economist for the Ibero-LATAM region. From 2016-2019, she was part of the Fixed Income and FX strategy team at Amundi Asset Management....
Roberta joined Euler Hermes in 2022 as Economist for the Ibero-LATAM region. From 2016-2019, she was part of the Fixed Income and FX strategy team at Amundi Asset Management. In this position, she developed fundamental models, generated currency trade ideas and addressed clients’ inquiries about the currency markets. Prior to that, she worked as Emerging Markets economist at Iron House Fund, a family office located in Sao Paulo, Brazil. She holds a Ph.D in economics from University of Paris 1 Panthéon-Sorbonne (France) and a MSc in Analysis and Policy in Economics from Paris School of Economics (France). Her academic publications focus on the transmission mechanisms of monetary policy and currency shocks in emerging markets and on the short term drivers of exchange rates.
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Senior Sector Advisor
Aurélien joined Euler Hermes in 2019 as a Sector advisor for the retail, technology and household equipment sectors. Prior to joining the company, Aurélien held various operational and management positions at Xerfi...
Aurélien joined Euler Hermes in 2019 as a Senior sector advisor for the retail, technology and household equipment sectors. Prior to joining the company, Aurélien held various operational and management positions at Xerfi, France’s leading sector research company. He then worked as a cross-sector risk analyst for Société Générale. Aurélien holds a degree in International Trade from the Université Jean Moulin – Lyon III.
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B2B Sector Advisor
Maria joined Allianz Trade in 2022 as a B2B Sector Analyst. Before joining AT, Maria worked in the CIB division at Banco Santander for four years,...
Maria joined Allianz Trade in 2022 as a B2B Sector Analyst. Before joining AT, Maria worked in the CIB division at Banco Santander for four years, where she gained experience as a front office analyst for the Trade & Export Finance service and then as a Credit Risk analyst, managing a portfolio of 20 companies across continental Europe, including companies within the Automotive, Aviation & Aerospace, Transport, Business Services, and Metals & Mining industries. Prior to this, she worked for UBS and Davivienda as an intern for the Equity Research and Markets Research teams, respectively. Maria holds a bachelor’s degree in Finance and International Affairs from the Externado University in Colombia and a master’s degree in International Management from Audencia Business School in France.
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Editor and Content Manager
Maria joined Euler Hermes in 2019. She is responsible for editing publications, producing economic research social media, video and infographics, as well as hosting the Allianz Research podcast. Before joining Euler Hermes, Maria worked as a digital journalist, first at Reuters and then at Quartz in Bengaluru, India...
Maria joined Euler Hermes in 2019. She is responsible for editing publications, producing economic research social media, video and infographics, as well as hosting the Allianz Research podcast. Before joining Euler Hermes, Maria worked as a digital journalist, first at Reuters and then at Quartz in Bengaluru, India. She graduated with a double Master's degree in Journalism and International Economic Policy from Sciences Po Paris in 2016.
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Assistant to the Chief Economist & Office Manager
Sabine joined Euler Hermes as the Assistant to the Chief Economist and Office Manager for Economic Research. She assists the Chief Economist with his complex agenda, meetings...
Sabine joined Euler Hermes as the Assistant to the Chief Economist and Office Manager for Economic Research. She assists the Chief Economist with his complex agenda, meetings and international travels. She supports the Economic Research Department, is the link with external stakeholders and manages the budget for the Department. All this while creating a happy and comfortable atmosphere within the team. Prior to this, she had an atypical work history in food, tourism and finance from Paris to New York City. Sabine holds an engineer’s degree in Agri-food from Agrocampus Rennes.
