Swiss Re introduces new group CFO

Swiss Re introduces new group CFO

Swiss Re introduces new group CFO | Insurance Business Australia

Reinsurance

Swiss Re introduces new group CFO

Current CFO to retire in 2025

Reinsurance

By
Kenneth Araullo

Swiss Re has announced the appointment of Anders Malmström (pictured above) as the new group chief financial officer, effective April 1, 2025. Malmström will succeed John Dacey, who has held the position since 2013.

Malmström is set to join Swiss Re from Athora Holdings, a European savings and retirement services group, where he has been group chief financial officer since May 2021. His previous roles include senior executive vice president and CFO of Equitable Holdings in New York, and senior executive director and CFO at AXA US.

He also served as a member of the executive board and head of the life business at AXA Winterthur, and held senior leadership positions at Swiss Life Group. Malmström’s academic background includes a PhD in mathematics from the University of Aachen in Germany and a master’s degree in mathematics, physics, and astronomy from the University of Basel.

Jacques de Vaucleroy, Swiss Re’s chairman, expressed confidence in Malmström’s selection, citing his extensive experience in finance and the insurance industry.

“We are pleased to have found a seasoned leader, with deep expertise in finance and the insurance industry, in Anders Malmström. We are convinced that he is the right person to take the finance function forward after an orderly transition,” de Vaucleroy said.

De Vaucleroy also acknowledged Dacey’s contributions to Swiss Re, noting his role in developing a more efficient Finance function and overseeing the company’s transition to the International Financial Reporting Standards (IFRS).

See also  Talanx lifts earnings targets as it posts results for 2023

While Dacey will retire from his executive role on March 31, 2025, he will remain associated with Swiss Re as a non-executive director on the boards of FWD and CPIC.

Last month, the global reinsurer appointed Leopoldo Camara as head of property and casualty (P&C) reinsurance for Swiss Re’s business in Northern, Central, and Eastern Europe and country president of Germany, effective Aug. 1.

Camara will also retain direct client management responsibilities, serving as Swiss Re’s head – globals for NCEE. He will be based in Munich.

What are your thoughts on this story? Please feel free to share your comments below.

Keep up with the latest news and events

Join our mailing list, it’s free!