Zurich Financial has appointed the group’s treasurer Pierre Wauthier as new CFO, effective October 1.
Wauthier, aged 51, will replace Dieter Wemmer, who earlier this year announced his decision to leave Zurich.
Zurich Chief Executive Martin Senn, said: “We are delighted to welcome Pierre to his new position.
“His deep understanding of Zurich’s strategy and culture is underpinned by his extensive experience in a wide range of finance-related roles making him the ideal person to continue to drive forward our financial management.”
Wauthier has been group treasurer since October 2007 as well as head of centrally managed businesses since July 2010.
He joined the insurer in 1996 as corporate credit and investment risk manager.
Zurich also said Axel P. Lehmann, Chief Risk Officer, Chairman of the Board of Farmers Group, Inc. and general executive committee member, will take on the additional role of regional chairman of Europe, effective October 1, 2011, succeeding Wemmer.
