Swiss Re has appointed George Quinn as Group Chief Financial Officer and Member of the Executive Committee, effective 1 March 2007. Quinn, currently Regional Chief Financial Officer for Swiss Re Americas, succeeds Ann Godbehere.
Ann Godbehere, the Group Chief Financial Officer will leave the firm after the completion of the 2006 financial reporting cycle.
“Her expertise and judgment is widely recognised in the insurance industry, and she stands for excellence in all finance matters,” says Jacques Aigrain, the CEO of Swiss Re.
The Board of Directors has appointed Quinn as new Group Chief Financial Officer and Member of the Executive Committee, effective 1 March 2007. Quinn is currently Regional Chief Financial Officer for Swiss Re Americas, which accounts for roughly 50 percent of the business and assets of Swiss Re. Quinn will relocate to Switzerland where he already was based as the company’s Chief Accounting Officer.
Quinn joined Swiss Re on 1 January 1999 from KPMG. His previous roles at Swiss Re include Chief Accounting Officer and Business Group Chief Financial Officer for Financial Services. Most recently he served as Regional Chief Financial Officer of Swiss Re Americas and played a leading role in the acquisition and integration of GE Insurance Solutions.
“With George Quinn, Swiss Re has nominated an international financial expert with extensive knowledge of Swiss Re and its markets,” adds Peter Forstmoser, the Chairman of the Board of Directors of Swiss Re. “We are looking forward to working with him in a team.”
George Quinn is a member of the Institute of Chartered Accountants in England and Wales, and holds a degree in Engineering from the University of Strathclyde. He has represented Swiss Re in a number of industry groups including the Geneva Association’s accounting task force and the European Insurance CFO Forum. He has also served as a member of the International Accounting Standards Board’s insurance advisory committee.
Godbehere has been the company’s Group Chief Financial Officer for close to four years. She joined the company in 1996, following the acquisition of the Mercantile & General Reinsurance Group. Prior to becoming the Group’s CFO, she was Chief Financial Officer for the Property & Casualty Business Group and for the Life & Health Business Group and previously in North America she held a number of senior positions including Chief Executive Officer of Swiss Re Life & Health Canada.
On the occasion of its recent Board of Directors meeting, Swiss Re also appointed, with effect of 1 January 2007, to the Executive Board upon the CEO’s recommendation, Markus Diethelm, Group Chief Legal Officer, Philip Lotz, Chief Executive Officer of Capital Markets and Advisory, and Jonathan Isherwood as Global Head of Claims and Liability Management.