Zurich Insurance Group picks CFO successor

Zurich Insurance Group picks CFO successor | Insurance Business Australia

Insurance News

Zurich Insurance Group picks CFO successor

Executive committee hire joining from Swiss Re

Insurance News

By
Terry Gangcuangco

Zurich Insurance Group has appointed its next group chief financial officer.

Subject to regulatory approval, Claudia Cordioli is succeeding George Quinn as group CFO in March 2024. Prior to his departure, Quinn will oversee the completion of Zurich’s annual results for this year while ensuring a smooth handover.

Cordioli, whose predecessor has held the top finance post at Zurich since 2014, will be joining the insurer’s executive committee. A fellow of the Aspen Institute Finance Leaders Fellowship and a member of the Aspen Global Leadership Network, she most recently served as Swiss Re’s group finance director.

“I am delighted to welcome Claudia to Zurich,” group chief executive Mario Greco said in a release. “She brings extensive experience across both finance and business functions, coupled with a proven record of delivering impactful results, building effective teams, and driving change.”

Cordioli’s credentials also include time spent at KPMG.

Meanwhile Greco had this to say about Quinn, who decided to step down for undisclosed reasons: “I would like to thank George for his remarkable contribution to Zurich over the last 10 years, reflected in Zurich’s strong financial position, notably our robust SST (Swiss Solvency Test), balance sheet, and ratings.

“I would like to wish George much continued success in his future endeavours.”

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