Baloise Switzerland, a provider of insurance and pension solutions, has appointed Michael Muller as new CEO and member of the corporate executive committee of the Baloise Group with immediate effect.

Muller will succeed Olav Noack, who is leaving the company after two years.

Muller began his career with Baloise Insurance in 1997, initially as a trainee, then within corporate controlling, and subsequently as deputy head of financial accounting at the Baloise Group.

In 2004, Muller was appointed head of financial accounting. In 2009, he switched to the executive committee of the corporate division Switzerland as head of finance & risk, where his role essentially comprises of reporting and controlling, actuarial control of the insurance companies, and responsibility for the logistics processes and the project manager pool.

Some 200 employees work in the finance & risk unit. Muller will sit on the board of directors of a number of subsidiaries of the Baloise Group.

Baloise Group president of the corporate executive committee Martin Strobel said that in Michael Muller, the board of directors has chosen an existing Baloise manager who enjoys a high level of acceptance within the company and has an outstanding track record spanning many years.