Swiss Re CFO George Quinn will leave the company to become CFO of Zurich Insurance Group, the companies announced today.
Quinn will also become a member of Zurich's Group Executive Committee, the company said.
He will assume the CFO post from Vibhu Sharma, who has been serving as interim CFO in the wake of former CFO's Pierre Wauthier's suicide earlier this year.
Quinn joined Swiss Re in 1999 as chief accounting officer, and has served as CFO and as a member of the Group Executive Committee for the last six years, Swiss Re says.
Quinn says, “When moving on after such a long time it is always with mixed emotions, especially as I have tremendously enjoyed working at Swiss Re. I am grateful for having had the opportunity to significantly shape the group's business strategy and be part of a great team. Now, I am looking forward to the new phase in my career with Zurich Insurance Group.”
Walter B. Kielholz, chairman of the board of directors for Swiss Re says, “The board of directors very much regrets George's decision to leave Swiss Re after more than 14 successful years, most recently in the position of Group CFO. In this role, George has been instrumental in implementing Swiss Re's strategy and establishing the new company structure and operating model.”
Zurich CEO Martin Senn says, “I am very pleased to welcome George Quinn to Zurich and our team.”
Senn adds, “With his strong track record as CFO, George is very well positioned to contribute to the delivery on Zurich's strategy and help take the company to the next level.”
He also thanked Sharma, who he called an “excellent interim CFO, while also maintaining his role as group controller.”
Sharma will remain interim CFO until May 2014 and will continue in his position as Group Controller.
Quinn started his career at KPMG in London where he held several positions working with the insurance and reinsurance industry.
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