RGA names new chief financial officer

RGA names new chief financial officer | Insurance Business New Zealand

Reinsurance

Predecessor to retire by the end of the year

Reinsurance

By
Kenneth Araullo

Reinsurance Group of America has announced that Axel André will join the company as executive vice president on June 24, 2024. After a brief transition period, André is expected to be named Chief Financial Officer (CFO) on August 5, succeeding Todd Larson.

Larson will then transition to the role of special advisor to the CEO and will serve in that capacity until his retirement on December 31, 2024.

André joins RGA from American Equity Investment Life Insurance Company (AEL), where he served as executive vice president and CFO since 2021. Prior to AEL, he was executive vice president and CFO at Jackson National Life Insurance.

He also spent seven years at American International Group, Inc. (AIG), most recently as the CFO for their Individual Retirement business.

“We are thrilled to welcome Axel to RGA,” RGA CEO and president Tony Cheng said .H”is strong track record, coupled with his experience in the life insurance industry, reinforces our confidence in his ability to guide our strategic initiatives. Axel’s leadership qualities and deep insurance knowledge are aligned with our commitment to excellence and growth, and we are confident that his contributions will be instrumental as we continue to evolve and achieve new successes.”

Cheng also highlighted Larson’s career with RGA as the latter prepares for his retirement later this year.

“In his nearly 30 years with RGA, Todd has steadily raised the bar for RGA’s financial and capital management function. He has built and led a talented and diverse financial team, and as a company, we have only grown stronger under Todd’s financial leadership. Todd’s wealth of industry and capital markets experience has established a firm foundation for RGA’s capital management moving forward. I know I speak for many when I express my gratitude for Todd’s instrumental role in the success of the company,” Cheng said.

RGA looks forward to the expertise and leadership André will bring to the company as it moves forward with its strategic goals.

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