Zurich Insurance Group has made the following changes to its group executive committee:

- Cecilia Reyes, currently chief investment officer and regional chairman of Asia Pacific, to become chief risk officer effective July 1, 2015, succeeding Axel P. Lehmann.

- Urban Angehrn, currently head of alternative investments, to become chief investment officer effective July 1, 2015.

After almost 20 years of work at Zurich, nearly 14 of which were as a member of the group executive committee, Mr. Lehmann, the chief risk officer and regional chairman of Europe, Middle East, and Africa, has decided to pursue new opportunities outside of Zurich, the company said. He will leave Zurich by the end of this year.

Ms. Reyes has been chief investment officer and a member of the group executive committee since 2010. In April 2015, she assumed additional responsibility as regional chairman of Asia Pacific, a role that she will keep.

Mr. Lehmann will remain regional chairman of Europe, Middle East, and Africa, and chairman of the board of directors of Farmers Group, Inc., and of Zurich Insurance plc (Ireland), until a successor for each of these roles has been appointed.

Mr. Angehrn will succeed Ms. Reyes as chief investment officer and has been appointed a member of the group executive committee effective July 1, 2015. He joined Zurich in 2007 as regional investment manager for Europe. Before he was appointed to his current role, he was head of strategy implementation in investment management from 2010 until 2012.

Victoria Spears

Victoria Spears

Victoria Prussen Spears is senior vice president of Meyerowitz Communications Inc., a law firm marketing communications consulting company. A graduate of Sarah Lawrence College and Brooklyn Law School, Ms. Spears was an attorney at a leading New York City law firm before joining Meyerowitz Communications. She may be contacted at [email protected].

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