Zurich, Switzerland - December 2, 2015, Zurich, Switzerland - Zurich Insurance Group says that after ten years with Zurich, six of which as CEO, Martin Senn has decided to step down by mutual agreement with the board of directors, effective at the end of the year.
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Mr. Senn has more than 35 years of experience in the insurance and finance industry, having held various senior executive positions in Europe, the U.S. and the Asia-Pacific region.
Mr. Senn joined Zurich Insurance Group in 2006 as Chief Investment Officer, serving on its Group Executive Committee, and became Chief Executive Officer, effective January 1, 2010. From 2003 until 2006, he worked for Swiss Life Group, both as a member of its Corporate Executive Board and as Chief Investment Officer.
From 1994 until 2001, he was a senior executive with Credit Suisse, where his roles included those of treasurer for the Head Office and Europe and Chairman of Credit Suisse Group, Japan.
In 2001, he became a member of the Credit Suisse Banking executive board and was appointed head of its Trading and Investment Services Division. He worked for the former Swiss Bank Corporation from 1976 to 1994 in various positions, including treasurer in Hong Kong and regional treasurer for Asia and the Pacific region in Singapore before managing the company’s Tokyo office.
Mr. Senn is active in business and industry organizations based in Switzerland and other European countries, China and the U.S. He is a member of the international advisory board of the Atlantic Council and the advisory board of Tsinghua School of Economics and Management.
He is a representative of the Property and Casualty CEO Roundtable and a member of the Pan European Insurance Forum (PEIF). He is Chairman and President of the Board of the Swiss-American Chamber of Commerce and serves in a senior capacity with the Institute of International Finance (IIF), Avenir Suisse, the Zurich Association of Economics, the Swiss Institute of International Studies and the Geneva Association.
He is a member of the board of trustees of the World Economic Forum (WEF), of the Lucerne Festival and he serves as an Honorary Consul for the Republic of Korea in Zurich.
He received a Commercial and Banking diploma from the Business School in Basel, Switzerland and completed an International Executive Program at INSEAD in Fontainebleau as well as an Advanced Management Program at Harvard Business School.
Tom de Swaan, who has been a member of the Board of Directors since 2006 and was named its Chairman in 2013, has been appointed CEO ad interim with immediate effect. ■