ZURICH Insurance Group announced that Amanda BLANC, CEO EMEA and Bank Distribution and a Member of the Group's Executive Committee, has tendered her resignation.

Amanda BLANC joined ZURICH last October from rival AXA succeeding Gary SHAUGHNESSY.

"The company thanks Amanda for her leadership since she joined in October 2018 and wishes her every success in her future endeavors. Amanda's successor will be announced in due course", the Swiss insurer said in a statement on Tuesday.

Mario GRECO, Group Chief Executive Officer, said:

"We appreciate Amanda's contributions during her time with us, in particular as we drive innovation throughout the business and introduce an enhanced culture of service for our customers. Our business in EMEA is performing well under the strong leadership of our Country CEOs."