Swiss Reinsurance (Swiss Re), a Switzerland-based re/insurance group has appointed Michel Lies, currently Chairman Global Partnerships at Swiss Re, as its new Chief Executive Officer (CEO), effective from 1 February 2012.
Michel will succeed Stefan Lippe, who will step down as Group CEO of Swiss Re.
Michel will focus to build and deepen long-term relationships with public sector stakeholders, governments and NGO’s, with a particular focus on emerging markets in his current role as Chairman Global Partnerships.
Lies served as head of Swiss Re’s Client Markets, where he was responsible for all client relationships worldwide and was also a member of the Group’s Executive Committee since 2005.
Earlier to that, Michel served as head of Europe Division from 2000 to 2005 and head of Latin America Division from 1998 to 2000.
The Board of Directors also named Moses Ojeisekhoba as Swiss Re CEO Reinsurance Asia and Regional President Asia, effective 15 March 2012 while the current CEO Reinsurance Asia, Martyn Parker will return to Europe.