George Quinn is new Group CFO for Swiss Re
Swiss Re has appointed George Quinn as Group Chief Financial Officer and Member of the Executive Committee, effective 1 March 2007. George Quinn, currently Regional Chief Financial Officer for Swiss Re Americas, succeeds Ann Godbehere.
After creating a highly successful global model for finance at Swiss Re, steering the return to superior financial strength of the firm, and leading the financing of a number of major acquisitions including the closing of GE Insurance Solutions as well as the GE Life UK transaction which closed 14 December, Ann Godbehere, Group Chief Financial Officer will leave the firm after the completion of the 2006 financial reporting cycle.
“The entire Board of Directors and Executive Board thank Ann for her dedication and commitment to the firm in a career which spans more than 25 years with Swiss Re and the former Mercantile & General Reinsurance”, says Peter Forstmoser, Chairman of the Board of Directors of Swiss Re.
“Her expertise and judgment is widely recognized in the insurance industry, and she stands for excellence in all finance matters”, says Swiss Re’s Chief Executive Officer, Jacques Aigrain.
The Board of Directors has appointed George Quinn as new Group Chief Financial Officer and Member of the Executive Committee, effective 1 March 2007. George Quinn is currently Regional Chief Financial Officer for Swiss Re Americas, which accounts for roughly 50% of the business and assets of Swiss Re. George Quinn will relocate to Switzerland where he already was based as the company’s Chief Accounting Officer.
“With George Quinn, Swiss Re has nominated an international financial expert with extensive knowledge of Swiss Re and its markets. We are looking forward to working with him in a team”, says Peter Forstmoser, Chairman of the Board of Directors of Swiss Re.
George Quinn joined Swiss Re on 1 January 1999 from KPMG. His previous roles at Swiss Re include Chief Accounting Officer and Business Group Chief Financial Officer for Financial Services. Most recently he served as Regional Chief Financial Officer of Swiss Re Americas and played a leading role in the acquisition and integration of GE Insurance Solutions.
George Quinn is a member of the Institute of Chartered Accountants in England and Wales, and holds a degree in Engineering from the University of Strathclyde. He has represented Swiss Re in a number of industry groups including the Geneva Association’s accounting task force and the European Insurance CFO Forum. He has also served as a member of the International Accounting Standards Board’s insurance advisory committee.
Ann Godbehere has been the company’s Group Chief Financial Officer for close to four years. She joined the company in 1996, following the acquisition of the Mercantile & General Reinsurance Group. Prior to becoming the Group’s CFO, she was Chief Financial Officer for the Property & Casualty Business Group and for the Life & Health Business Group and previously in North America she held a number of senior positions including Chief Executive Officer of Swiss Re Life & Health Canada.