Zurich Insurance has named Alison Martin as new Group Chief Risk Officer to succeed Cecilia Reyes, she will join the group on October 1st and commence her new role with effect from January 2018.
Martin will work closely with Reyes as Group Chief Risk Officer-Designate, before assuming the Group Chief Risk Officer role on January 1, 2018.
The appointment is subject to regulatory approval.
Mario Greco, Group Chief Executive Officer, commented on the appointment; “Alison represents an impressive blend of business results orientation, financial expertise and people skills.
“She’s demonstrated that she can grow businesses based on a deep understanding of market dynamics, risk balancing and capital management, and is precisely the type of high-energy executive we were seeking to build on Cecilia’s accomplishments. I look forward to welcoming her to our Executive Committee.
“In her over 16 years with Zurich, Cecilia has made a significant contribution in senior risk, finance and investment roles. In her current position she has successfully managed risks across the Group and, by doing so, has created real opportunities for Zurich to flourish.
“On behalf of the Board, the Executive Committee and all Zurich employees, I applaud Cecilia for the positive impact she has made on Zurich, and thank her for her commitment to ensuring a smooth transition.”
Martin joins Zurich from Swiss Re, where she held the role of Head of Life & Health Business Management for four years as well as other senior management positions focused on transformation, commercial business and value creation.
In addition to her 14 year tenure with Swiss Re, Martin spent eight years in audit and advisory roles at PwC, with a focus on insurance.