Swiss Re has announced that Jay Ralph and Joerg Reinhardt have been proposed for election to the Board of Directors as new, non-executive members – the election is set for April 21st at the Annual General Meeting of shareholders.
Jay Ralph has most recently acted as a member of the Board of Management of Allianz SE and Chairman at Allianz Asset Management.
His prior roles at Allianz include CEO of Allianz Re within Allianz SE, Munich and CEO of Allianz Risk Transfer, Zurich.
Ralph started his career at Arthur Andersen & Company, and went on to work for Northwestern Mutual Life Insurance Company, Milwaukee and Centre Re Bermuda Ltd, Bermuda before joining Allianz.
Ralph is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA) and holds an MBA in Finance and Economics from the University of Chicago and a BBA in Finance and Accounting from the University of Wisconsin.
Reinhardt has extensive experience in board chairman and advisory roles; he has been Chairman of Novartis’ Board of Directors since 2013, he is also Chairman of the Board of Trustees of the Novartis Foundation and was previously Chairman of the Board of Management and the Executive Committee of Bayer HealthCare, Germany.
He also previously served as a member of the Supervisory Board of MorphoSys AG in Germany and a member of the Board of Directors of Lonza Group AG in Switzerland.
Swiss Re has also proposed to elect Jacques de Vaucleroy to its Board of Directors.
Carlos E. Represas, who has been a member of Swiss Re’s Board since 2010, will not stand for re- election.