Swiss Re’s board of directors wants to retain the current chairman

Swiss Re's board of directors wants to retain the current chairman

The board of reinsurance giant Swiss Re proposes re-electing incumbent Chairman Sergio B. Ermotti at the company’s annual general meeting (AGM) of shareholders on April 12.

According to the agenda of the General Assembly that he deems appropriate Business insuranceThe board also wants the re-election of Karen Gavan, Joachim Oechslin, Diana Ong, Guy Ralph, George Reinhardt and Philip K.

In addition, Vanessa Lau and Pia Teichhauser are nominated as new board members. Renato Fassbind and Susan L. Wagner are not running for re-election.

“On behalf of my colleagues, I would like to thank Sue and Renato for their great dedication and commitment to Swiss Re over many years,” Ermotti commented in a statement.

Both of them have contributed strongly to the strategic development of our company. Their mentoring and governance expertise will be completely missed. We wish them all the best for the future.”

The proposed election shall be for all of the aforementioned for a period of one year. Ermotti has been part of the Swiss Re Board of Directors since 2020 and Chairman since 2021.

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