Zurich Insurance Group announces regional leadership changes

2 September 2020 — press.release
Zurich Insurance Group (Zurich) announced changes in its regional leadership. New CEOs have been appointed in Latin America (LatAm) effective Oct. 1, 2020, and in the North America and APAC regions, effective Jan. 1, 2021.

Kristof Terryn will succeed Ms. Savio as CEO North America. He joined the Group in 2004 and became Group Chief Operating Officer (COO) in 2016 following roles including head of Global Life and General Insurance. As COO, Mr. Terryn streamlined the Group's operations by reducing complexity and risk, enhanced network stability and quality, facilitated the integration of new technologies and drove an industry-leading simplification program. Prior to joining Zurich, Mr. Terryn was based in the U.S. for eight years.

Tulsi Naidu will take over as CEO APAC. She has been Zurich's CEO in the UK since 2016. As UK CEO, Ms. Naidu has reshaped and simplified the business, improved technical and digital capabilities and strengthened the team, resulting in Zurich's UK business returning to strong growth with improved profitability and high customer, distributor and employee satisfaction.

Laurence Maurice joins Zurich as CEO LatAm. Ms. Maurice has extensive experience in the industry, including seven years as Chief Financial Officer of a leading European insurer's Brazilian and South American operations and most recently as the company's CEO Spain and Southern Europe. Ms. Maurice succeeds Claudia Dill, who for personal reasons has decided to step down from the role and will be leaving the company as of today.

Mario Greco, CEO of Zurich Insurance Group, said:

"On behalf of all my colleagues at Zurich, I would like to thank Claudia for her valuable contribution to Zurich's success over the past years. I am delighted to welcome Ericson, Laurence and Tulsi to the Executive Committee. Their diversity of backgrounds and cultures further strengthens our ability to lead the transformation of insurance."

In addition, Zurich has appointed Katja Roth Pellanda as new Group General Counsel to lead the legal team, effective Oct. 1, 2020. Ms. Roth Pellanda joined Zurich from Novartis as Deputy Group General Counsel in April. She succeeds Yannick Hausmann, who after 12 years in the role has decided to transition to new professional activities. He has accepted to remain engaged with the company as a Senior Advisor to the Group CEO, providing his broad experience on regulatory and governance issues.

Following the appointments announced today, the Zurich Group Executive Committee as of Jan. 1, 2021, will comprise:
  • Chief Executive Officer: Mario Greco
  • Chief Investment Officer: Urban Angehrn
  • Chief Information and Digital Officer: Ericson Chan
  • CEO Farmers Group: Jeff Dailey
  • Chief Risk Officer: Peter Giger
  • CEO Global Business Platforms: Jack Howell
  • CEO EMEA & Bank Distribution: Alison Martin
  • CEO LatAm: Laurence Maurice
  • CEO APAC: Tulsi Naidu
  • Chief Financial Officer: George Quinn
  • CEO Commercial Insurance: James Shea
  • CEO North America: Kristof Terryn

The new appointments to the Executive Committee are subject to regulatory approval.

Source: zurich.com

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