Swiss Re group CFO to step down in April, move on to Zurich Insurance

Swiss Re’s group chief financial officer will be stepping down from his role, effective Apil 30, 2014, the reinsurer’s board of directors announced Monday.

The search for a replacement has already begun, according to a statement from Swiss Re. 

“When moving on after such a long time it is always with mixed emotions, especially as I have tremendously enjoyed working at Swiss Re,” Quinn commeted in the statement from Swiss Re.

“I am grateful for having had the opportunity to significantly shape the Group’s business strategy and be part of a great team. Now, I am looking forward to the new phase in my career with Zurich Insurance Group.”

Quinn has served as the group CFO and member of the group executive committee for the last six years, after holding various senior management positions at Swiss Re in Switzerland and the Americas. He joined Swiss Re 1999 in Zurich as chief accounting officer.

“The Board of Directors very much regrets George’s decision to leave Swiss Re after more than 14 successful years, most recently in the position of group CFO,” Walter B. Kielholz, chairman of the board of directors at Swiss Re commented in the statement.

“In this role, George has been instrumental in implementing Swiss Re’s strategy and establishing the new company structure and operating model. I would like to thank George for his decisive focus on capital management and on the company’s financial targets, which has strongly contributed to the leading position of Swiss Re today.”