Swiss Re, the world’s second-largest reinsurer, appointed a new finance chief and proposed three new members for the board. The outgoing CFO will stay with the company.
David Cole, will resign as chief financial officer of Swiss Re at the end of March, 2018, the company said in a statement today. Swiss Re appointed John Dacey as a replacement. Dacey currently is in charge of strategy.
Cole will pursue a non-executive career, the Zurich-based company also said. He will stay on as member of the boards of several units of Swiss Re.
New Board Members
Swiss Re proposes for election to the board Karen Gavan, Eileen Rominger and Larry Zimpleman. The will stand for election as non-executive and independent members at the annual general meeting of April 20, 2018. They are set to replace Rajna Gibson Brandon, Mary Francis and C. Robert Henrikson.
Gavan is a former CEO of Economical Insurance, a Canadian company. Rominger was head of investment at Goldman Sachs Asset Management and currently works for Camberview Partners. Zimpleman is a former CEO of Principal Financial Group.
