Helvetia, a Swiss insurance company, has poached a top risk manager from rival Swiss Life for its own executive board.
Annelis Luescher Haemmerli will assume the position of chief financial officer at Swiss insurance company Helvetia in October, according to a statement released on Wednesday. Luescher, 44, will replace Paul Norton, who will retire. Norton had been in charge of the company’s finances for the past 13 years.
Helvetia’s new CFO has a PhD in biology and a master’s degree in finance. She joined Swiss Life in 2004 and held various positions in asset and risk management, most recently as chief risk officer at Swiss Life Asset Managers. Since last year, Luescher has also been a member of the board of directors of Berner Kantonalbank.
Helvetia recently founded an asset management division and will soon launch its first products in this segment. This will help the company broaden its product offering and diversify its income source in the form of fee income.
