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Tokio Millennium Re replaces chief risk officer

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Tokio Millennium Re A.G. has named Zurich-based Andreas Kull chief risk officer and member of its executive committee.

Mr. Kull will succeed Akira Higuma, current chief risk officer, who after five years at TMR will return to Japan as the group leader of the global risk management unit within the international business development department of Tokio Marine Holdings Inc., TMR said in a statement.

Previously, Mr. Kull was executive vice president of the group enterprise risk management team, according to the statement.

“We are very pleased to have Andreas take on the role of CRO at TMR … He will take over from our current CRO, Akira, who built a very strong enterprise risk management function over the past years,” Stephan Ruoff, TMR’s CEO, said in the statement.