Reinsurance News

SCOR announces key changes to its Board of Directors

28th July 2022 - Author: Jack Willard

Global insurer and reinsurer SCOR has announced several key changes to its Board of Directors.

SCORWith effect from July 28, 2022, Bruno Pfister, independent director and currently Chairman of the Risk Committee, will take up the chairmanship of the Audit Committee.

Pfister succeeds Kory Sorenson, who, after many years spent as a director within the SCOR Board of directors, will be resigning from the Board for personal reasons.

Replacing Pfister as Chairman of the Risk Committee will be Adrien Couret, independent director.

Moreover, SCOR has confirmed that the organization of the committees of the Board will remains otherwise unchanged.

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Fields Wicker-Miurin remains Chair of the Compensation Committee, Fabrice Brégier Chairman of the Nomination Committee, and Augustin de Romanet Chairman of the Sustainability Committee, and Denis Kessler remains Chairman of the Strategic and Crisis Management Committees.

Furthermore, SCOR has stated that the Board of Directors will co-opt a new female director over the coming weeks.

Sorenson, commented“I would like to thank Denis Kessler, my colleagues on the Board, and the SCOR teams, with whom I have worked for more than nine years. Being a SCOR director has been a very rewarding experience for me.”

Denis Kessler, Chairman of SCOR, added: “On behalf of all the Directors, I would like to express our deepest thanks to Kory Sorenson, whose contribution to the work of the Board has been very significant. I have every confidence in Bruno Pfister and Adrien Couret to lead the work of the Audit and Risk Committees, to the benefit of all the Group’s stakeholders.”

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