Swiss Re appoints new deputy CEO

by Richard Kilner

Story link: Swiss Re appoints new deputy CEO

Swiss Re’s board of directors has appointed Stefan Lippe as deputy chief executive officer.

Lippe will also take on the duties of chief operating officer, and assumes his new role on 1 September.

He has worked for Swiss Re for more than two decades, and in his new post will supervise a broad range of operations including Group Technical Accounting & Services, Claims and Liability Management and Global IT.

He leaves behind his current post of (Re)Insurance Products to replace Andreas Beerli, who is set to retire partway through 2009.

Beerli has been with the firm for more than twenty years, and has supported development and restructuring of Swiss Re and held a number of senior posts.

He will retain membership of the executive committee until 30 June 2009, assisting the CEO with various projects during that time.

Elsewhere, Brian Gray has been appointed as chief underwriting officer and a member of the executive committee.

Gray will be responsible to the chief executive officer.