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Matt Dunning

Swiss Re CFO named to succeed Wauthier at Zurich

December 16, 2013 - 2:14pm

George Quinn Zurich Insurance Group

George Quinn has been named chief financial officer of Zurich Insurance Group Ltd., and will join the company May 1, 2014, after serving seven years as CFO of Swiss Reinsurance Co. Ltd.

Mr. Quinn, 47, joined Swiss Re in 1999 as the Zurich-based reinsurer's chief accounting officer, and later served as regional CFO for Swiss Re Americas in New York. He was named CFO of Swiss Re in 2007, and will step down from the position on April 30, 2014, according to a statement from the company released on Monday.

“When moving on after such a long time it is always with mixed emotions, especially as I have tremendously enjoyed working at Swiss Re,” Mr. Quinn said in the statement. “I am grateful for having had the opportunity to significantly shape (Swiss Re's) business strategy and be part of a great team. Now, I am looking forward to the new phase in my career with Zurich Insurance Group.”

In a separate statement, Zurich Insurance Group CEO Martin Senn said he was pleased to welcome Mr. Quinn to the company.

“The wealth of experience he brings makes him a great addition to our group,” Mr. Senn said. “With his strong track record as CFO, George is very well positioned to contribute to the delivery on Zurich's strategy and help take the company to the next level.”

Mr. Senn extended his thanks to Zurich's Group Controller Vibhu Sharma, who had been serving as interim CFO after the suicide of Pierre Wauthier in August.

“His strong leadership and deep financial expertise are invaluable for Zurich,” Mr. Senn said.

In addition to the CFO position, Mr. Quinn also will become a member of Zurich's Group Executive Committee.