Individuals Strikes: Malmström Named Swiss Re’s Group CFO as Dacey Retires; MNK Re Appoints Trade Veteran Ashby as International Chief Business Officer

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Individuals Strikes: Malmström Named Swiss Re’s Group CFO as Dacey Retires; MNK Re Appoints Trade Veteran Ashby as International Chief Business Officer

This version of Worldwide Individuals Strikes particulars appointments at Swiss Re and MNK Re.

A abstract of those new hires follows right here.

Malmström Named Swiss Re’s Group CFO as Dacey Retires

Swiss Re introduced that Anders Malmström will succeed John Dacey as group chief monetary officer as of April 1, 2025.

Malmström will be part of Swiss Re in early 2025 from Athora Holdings, a number one European financial savings and retirement providers group, the place he has served as group chief monetary officer since Could 2021. Previous to Athora, he was senior government vice chairman and CFO of Equitable Holdings in New York. Earlier than that, he was senior government director and CFO at AXA US, member of the manager board and head of the Life enterprise at AXA Winterthur and held senior management roles at Swiss Life Group.

Anders Malmström

Malmström is a graduate from the Stanford Govt Program, holds a PhD in Arithmetic from the College of Aachen in Germany and a grasp’s diploma in Arithmetic, Physics and Astronomy from the College of Basel.

Whereas Dacey will retire from his government position on March 31, 2025, he’ll proceed to characterize Swiss Re as a non-executive director on the boards of FWD and CPIC.

“We’re happy to have discovered a seasoned chief, with deep experience in finance and the insurance coverage trade, in Anders Malmström. We’re satisfied that he’s the correct individual to take the Finance operate ahead after an orderly transition,” commented Swiss Re’s Chairman Jacques de Vaucleroy.

“Whereas it’s too early to say goodbye to John Dacey, I want to take this chance to thank him on behalf of your complete Board of Administrators for his excellent contributions to Swiss Re over the previous 12 years,” de Vaucleroy continued.

“Amongst his many achievements are the event of the Finance operate right into a extra environment friendly and aligned organisation throughout the Group’s companies and the profitable implementation of Swiss Re’s transition to the Worldwide Monetary Reporting Requirements (IFRS).”

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MNK Re Appoints Trade Veteran Ashby as International Chief Business Officer

MNK Re, the London-based unbiased dealer of specialist dangers into Lloyd’s, has appointed Simon Ashby as government managing director and world chief business officer.

Ashby has almost 40 years’ expertise within the insurance coverage and reinsurance sectors, having held senior administration roles in each broking and underwriting, together with over a decade in Bermuda as managing director of Marsh FINPRO Bermuda.

Simon Ashby

In London, Ashby was managing director and CUO of Gulf Insurance coverage Firm UK Ltd. (a part of the Vacationers Group) and CEO of Willis International Options Worldwide. In his most up-to-date position, Ashby was co-founder and lively underwriter of Verto Lloyds Syndicate 2689.

In his new position, Ashby will likely be accountable for driving a wide range of initiatives and income development initiatives for MNK Re, because it seems to increase its presence throughout the globe, notably in North America.

Established in 2009, MNK Re is a registered Lloyd’s dealer with places of work in London, South Africa, Miami, Dubai, Kenya and Poland. MNK Re at present trades with purchasers in additional than 80 international locations and supplies bespoke re/insurance coverage options for each conventional in addition to rising dangers.

Subjects
Commercial Lines

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