Reinsurance News

Swiss Re appoints Anders Malmström to succeed John Dacey as Group CFO

31st July 2024 - Author: Saumya Jain -

Share

Global reinsurance giant Swiss Re has named Anders Malmström as its new Group Chief Financial Officer (CFO), effective April 1st, 2025, succeeding John Dacey, who retires from his executive role on March 31st, 2025.

Dacey will continue to represent Swiss Re as a non-executive director on the boards of FWD and CPIC.

Malmström will join the reinsurer in early 2025 from Athora Holdings, the European savings and retirement services group, where he has served as Group CFO since May 2021.

Before this, he was Senior Executive Vice President and CFO of Equitable Holdings in New York.

Earlier in his career, Malmström was Senior Executive Director and CFO at AXA US, member of the executive board and Head of the Life business at AXA Winterthur, and held senior leadership roles at Swiss Life Group.

Jacques de Vaucleroy, Chairman of Swiss Re, commented on the appointment, “We are pleased to have found a seasoned leader, with deep expertise in finance and the insurance industry, in Anders Malmström. We are convinced that he is the right person to take the Finance function forward after an orderly transition.”

de Vaucleroy concluded, “While it is too early to say goodbye to John Dacey, I would like to take this opportunity to thank him on behalf of the entire Board of Directors for his outstanding contributions to Swiss Re over the past 12 years.

“Among his many achievements are the development of the Finance function into a more efficient and aligned organisation across the Group’s businesses and the successful implementation of Swiss Re’s transition to the International Financial Reporting Standards (IFRS).”