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Cordioli will take over on March 1, 2024, subject to regulatory approval, according to a statement on Thursday. He was also appointed as a member of the Executive Board. Meanwhile, Quinn has decided to step down as Group CFO after ten years. It will oversee the completion of the 2023 annual results and “ensure a smooth transition,” it said.
The new CFO joins Zurich from Swiss Re, where he held a variety of roles in finance and other business areas over the past 20 years. According to the information obtained, he most recently worked as Group Finance Director and was responsible for central financial functions and the conversion of accounting to IFRS 17. Before that he was CFO of the reinsurance division and even before that he was head of the reinsurance business in Western and Southern Europe.
Quinn joined the Swiss main insurance company in 2014 as Group CFO and member of Swiss Re’s Executive Board. According to the statement, Zurich achieved “strong growth and above-average shareholder returns” during his tenure.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
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