STATISTICS:

Walter B. KIELHOLZ to be re-elected to the Swiss Re's Board of Directors as Chairman of the Board; three new entries in the Board

Swiss Re's Board of Directors proposed Walter B. KIELHOLZ to be re-elected to the Board of Directors and in the same vote be re-elected as Chairman of the Board of Directors for a one-year term of office until the completion of the AGM in 2018. The Board's proposal is in line with the Articles of Association provisions wich provide for an annual individual election of members of the Board of Directors and of the Chairman of the Board of Directors by the AGM.

At the AGM on 21 April 2017, the Board of Directors proposes the re-election of the following members for a one-year period:
  • Raymond K.F. CH'IEN
  • Renato FASSBIND
  • Mary FRANCIS
  • Rajna GIBSON BRANDON
  • C. Robert HENRIKSON
  • Trevor MANUEL
  • Philip K. RYAN
  • Sir Paul TUCKER
  • Susan L. WAGNER
The Board of Directors proposes to elect Jay RALPH, Joerg REINHARDT and Jacques de VAUCLEROY as new, non-executive and independent members at the AGM on 21 April 2017.

Jay RALPH was most recently a member of the Board of Management of Allianz SE and Chairman at Allianz Asset Management. His prior roles at Allianz include CEO of Allianz Re within Allianz SE, Munich and CEO of Allianz Risk Transfer, Zurich. He started his career at Arthur Andersen & Company, Chicago and went on to Northwestern Mutual Life Insurance Company, Milwaukee and Centre Re Bermuda Ltd, Bermuda before joining Allianz. Jay Ralph is an American and Swiss citizen and was born in 1959. He holds an MBA in Finance and Economics from the University of Chicago and a BBA in Finance and Accounting from the University of Wisconsin. He is also a Certified Public Accountant (CPA) and a CFA® charterholder.

Joerg REINHARDT has been the Chairman of the Board of Directors of Novartis since 2013. He is also Chairman of the Board of Trustees of the Novartis Foundation. Previously, he was Chairman of the Board of Management and the Executive Committee of Bayer HealthCare, Germany. He was also a member of the Supervisory Board of MorphoSys AG in Germany and a member of the Board of Directors of Lonza Group AG in Switzerland. Joerg Reinhardt joined Sandoz Pharma Ltd. in 1982 and held various senior positions at Sandoz and later Novartis, including Head of Development and Chief Operating Officer. He is a German citizen and was born in 1956. He graduated with a doctorate in pharmaceutical sciences from Saarland University in Germany.

Jacques de VAUCLEROY has thirty years of experience in the financial services and retail industries. He gained his experience through global and regional CEO roles at AXA and ING, as well as non-executive Board roles at Delhaize Group and Ahold Delhaize. He served as CEO of the Northern, Central and Eastern Europe (NORCEE) region of AXA Group (France) until June 2016, after having been a member during 6 years of the Management Committee of AXA Group with global responsibility for Life and Savings in addition to his CEO role of the NORCEE region. Jacques de Vaucleroy, a Belgian citizen born in 1961 graduated with a Bachelor in Law from the Facultes Universitaires de Namur and received a Master in Law from the Universite Catholique de Louvain and a Master in Business Law from the Vrije Universiteit Brussel.

Carlos E. REPRESAS will not stand for re-election at the upcoming AGM. He was first elected to the Board of Directors in 2010.

Swiss Re's Chairman, Walter B. KIELHOLZ, says: "We are pleased to be able to propose the election of Jay Ralph, Joerg Reinhardt and Jacques de Vaucleroy to the Board of Directors at our upcoming Annual General Meeting. We believe their international experience and diverse backgrounds will be an important asset for Swiss Re. On behalf of my colleagues, I would like to thank Carlos E. Represas, who has decided not to stand for re-election after serving on the Board since 2010."

Swiss Re's Articles of Association require that the members of the Board of Directors' Compensation Committee are elected. The Board of Directors proposes the following Directors to be elected or re-elected as members of the Compensation Committee:
  • Raymond K.F. CH'IEN
  • Renato FASSBIND
  • C. Robert HENRIKSON
  • Joerg REINHARDT (new)

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