Swiss Re Ltd. announced on Wednesday that its board of directors unanimously appointed Andreas Berger as the company's CEO, effective July 1. His predecessor, Christian Mumenthaler, said it is the "right moment " to step down after eight years in the position.
Berger joined Swiss Re in 2019 as CEO of Corporate Solutions after holding leadership posts at Boston Consulting Group, Gerling, and Allianz. "Andreas Berger is the right person to build on the firm's current momentum and lead Swiss Re into the next phase of its development... He has demonstrated a strong focus on execution while at the same time innovating the business with data analytics-based solutions," Swiss Re's Vice Chairman of the Board of Directors Jacques de Vaucleroy said.
Swiss Re's stock dropped 1.56% at 10:35 am CET.
