Zurich-based reinsurer Echo Re has promoted Fabian Pütz to be its new Chief Executive Officer (CEO), taking over from Gilles Meyer who is retiring from the company after five years of service.
Incoming CEO Pütz first joined Echo Re in 2018 as the Head of Controlling, Technical Accounting & Claims, and BI/Reporting activities.
Prior to this, he worked at Echo Re’s parent DEVK since 2011. In his most recent group level role, Pütz served as Executive Assistant to Bernd Zens, Group Chief Financial Officer (CFO) and Chairman of Echo Re.
In this role, he was mostly involved in group-wide reinsurance and asset management with a focus on alternative investment strategies.
Commenting on Meyer’s departure, Zens said: “We cannot thank Gilles enough for his very valuable contribution in raising Echo Re’s underwriting profile through strategic initiatives allowing the company to thrive in the future.
“We wish him all the best for his well-deserved retirement after a remarkable career in the reinsurance industry.”
“At the same time, we are very pleased to announce that Fabian Pütz will succeed in the role as Chief Executive Officer with effect from May 2022 as part of a long-term internal succession plan. With his significant impetus during the last three years with Echo Re he has proven his ability and dedication to develop Echo Re from both a strategic and operational perspective.
“The experience he gained from different positions within the DEVK group makes him the ideal candidate to further build on the very strong basis set by Echo Re’s Management together with the whole team. We wish Fabian all the best in this pivotal role in our company,” he added.
