Don Forgeron, President and CEO of the Insurance Bureau of Canada, takes will take the role from Recaredo Arias, Director General of the Mexican Association of Insurance Companies (AMIS). Susan K. Neely, President and CEO of the American Council of Life Insurers (ACLI), will take over Forgeron's previous role as Vice-President of GFIA.
Forgeron commented about his appointment:
"I am deeply honoured to have been appointed as GFIA president. Given the challenges our industry faces, my priority will be to ensure that our voice continues to be heard clearly by global standard setters and international organisations, and that the significant contributions made by our industry to society and the economy are recognised. I also wish to thank Recaredo for his strong leadership and the contribution that he has made to our industry during his mandate as GFIA president."
In addition, GFIA announced there more appointments to its executive committee:
- Bachir Baddou, General Manager of the Moroccan Federation of Insurance and Reinsurance Companies, was appointed GFIA's treasurer;
- Toyonari Sasak, Vice Chairman of the Life Insurance Association of Japan, was appointed regional representative;
- Michaela Koller, Director General of Insurance Europe, was reappointed as secretary general.