Carsten Bach

Carsten Bach is a seasoned professional in credit risk management, currently serving as Manager at UPM - The Biofore Company since October 2018, overseeing a portfolio of over 8,000 customers across more than 120 countries, contributing EUR 2 billion in annual revenue. With a proven track record of minimizing bad debts to below 0.1% in 2024, Carsten drives process improvements, manages team operations, and leads IT implementation projects. Prior roles at UPM include Senior Credit Risk Analyst, where Carsten facilitated onboarding and strategic risk assessment for high-risk customers, and Credit Risk Analyst, focusing on evaluating client creditworthiness. Earlier experience includes positions at GLOBALFOUNDRIES, PwC Deutschland, and Schantz Wirtschaftsprüfer / Steuerberater, contributing expertise in finance, tax, and auditing. Carsten holds a Master of Science in Business Administration from Technische Universität Dresden and participated in an Erasmus Student Exchange Program at Universidad Autónoma de Madrid.