Maarten Perquin appointed as the new divisional chairman of Achmea Pension & Life

Maarten Perquin has been appointed as chairman of Achmea’s Pension & Life division with effect from 1 May 2020. He is succeeding Frans van der Ent, who will be pursuing his career outside the company from this date.
Maarten Perquin joined Achmea in 2014 from Friesland Bank Assurantiën. After three years as a director in the Service Organisation Life, he was appointed director of Pensions in early 2017.
Willem van Duin, chairman of Achmea’s Executive Board: “Maarten is very familiar with the Pension & Life division and has been a member of the senior management team for some time. We’re pleased to have found an excellent candidate from within our own ranks and wish him every success in his new role.”
The role of director of Pensions will not be filled. This is in line with our service book strategy that is based on a smaller senior management team. With effect from 1 May 2020, the members of the senior management team of Pension & Life will be Maarten Perquin (chairman and Pensions), Parcifal van Overbeek (Life), Martin Heuvelmans (Finance) and Maarten van Duuren (IT).
The board members of Achmea Pensioen- en Levensverzekeringen N.V. are Robert Otto and Michel Lamie, both of whom are members of Achmea’s Executive Board.

Kokkalas to succeed Kassow as Chairman of the Board of Management of ERGO Germany

Theodoros Kokkalas (55) will succeed Dr. Achim Kassow (53) as Chairman of the Board of Management of ERGO Deutschland AG (ERGO Germany) on 1 May 2020. Kokkalas has been CEO of ERGO Insurance Company S.A. in Greece since 2004, and has also been a member of the Board of Directors of HDFC ERGO in India since 2018.
The Supervisory Board of Munich Re has appointed Dr. Achim Kassow to the Board of Management of Munich Re with effect from 1 May 2020. He will assume responsibility for the Asia Pacific and Africa division, as well as for the central divisions Central Procurement and Services. He has been with Munich Re Group since 2016.
Before joining ERGO, Kokkalas held various positions in insurance and banking. Kokkalas was born in Greece and studied at the universities of Piraeus and Athens, at INSEAD in France, and Leibniz University in Hanover, Germany. In addition to his native language of Greek, he speaks German and English fluently.
Dr. Markus Rieß – Chairman of the Board of Management of ERGO Group AG, Member of the Board of Management of Munich Reinsurance Company, and Chairman of the Supervisory Board of ERGO Deutschland AG – said: „I would like to thank Achim Kassow for his excellent commitment over the past few years. He has rigorously and consistently implemented the ERGO Strategy Programme in Germany and has made it a success. We are back on track towards growth and I congratulate him on his appointment to Munich Re’s Board of Management. I am also delighted that in Theo Kokkalas we have been able to find the right successor within the ERGO Group for this challenging position in our home market of Germany.”

Ilan Goldfajn appointed Chairman of the Advisory Board of Credit Suisse Brazil

Press Release
Over the course of 2019, Credit Suisse has made a number of senior and strategic hires to strengthen our leading franchises across attractive G-20 economies, deepen our decentralized, regional approach to client coverage and deliver continued, profitable growth. In the last twelve months, we have bolstered key management positions in Australia, China and Japan.
In that context, we are pleased to announce that Ilan Goldfajn has been appointed as Chairman of the Advisory Board of Credit Suisse Brazil. Ilan will join the bank on Sept. 16 and, in this new role, will help Jim Amine, Brian Chin and Philipp Wehle develop our integrated franchise in the region across Wealth Management and Investment Banking.
The Advisory Board of Credit Suisse Brazil will provide counsel for the strategic decisions of local management, and empower local management projects in order to expand our business and maintain sustained growth. Board members include: José Olympio Pereira, CEO of Credit Suisse Brazil, Marco Abrahão, CEO of International Wealth Management Brazil, and Sávio Barros, Vice-Chairman of International Wealth Management Brazil.
As Chairman, Ilan will have a strategic role in promoting ever stronger collaboration across all the bank’s divisions in Brazil. He will also take an active role in discussions on medium and long-term scenarios, analyze investment opportunities, source and develop products and services, and help to define investment strategies. Ilan will work closely with our corporate clients and high and ultra-high net worth individuals, and strengthen our relationships with institutional investors, both onshore and offshore.
Tidjane Thiam, CEO of Credit Suisse Group, said: “We are delighted to welcome someone of Ilan’s stature and caliber to Credit Suisse to develop our activities in Brazil and support Brian, Jim and Philipp. We will benefit immensely from his knowledge across the Brazilian and international economic and political spectrum. Given his previous role at the helm of the Central Bank of Brazil and his distinguished academic and professional track record, Ilan is a highly respected figure in the international finance community. Brazil is a key market for Credit Suisse, and we look forward to his leadership as we continue to deepen our leading client footprint in the region.”
In light of the transformations that the financial industry is going through and the impact of sustained low interest rates, one of the fundamental roles of the Chairman will be to formulate strategies for our business with the objective of achieving recurring and sustained value generation for Credit Suisse and its clients.
Ilan was chairman of the Central Bank of Brazil from June 2016 until March 2019. In 2018, he was elected Central Banker of the Year by The Banker magazine. Ilan was chief economist and partner of Itaú Unibanco, founding partner of Ciano Investimentos, and partner at Gávea Investimentos.
In academia, he was a professor at Pontifical Catholic University (PUC) and Brandeis University in the US. Throughout his career, he has published numerous articles and books and has worked as a consultant for international organizations such as the World Bank, the International Monetary Fund, the United Nations, other international and Brazilian banks, and the Brazilian government. Ilan holds a doctorate in economics from the Massachusetts Institute of Technology, a Masters degree in economics from Pontifical Catholic University of Rio de Janeiro, and an undergraduate degree in economics from the Federal University of Rio de Janeiro.
With his deep market knowledge and extensive experience, Ilan will further enhance Credit Suisse Brazil’s culture of performance and help to fully leverage our leading franchises in wealth management and investment banking in the region. Ilan’s new role further reinforces our ongoing commitment to Brazil, a key market for the bank.

Attica Bank – Election of the Chairman of the BoD & Composition of the new BoD

Attica Bank announces that following today’s meeting of the BoD, Mr. Konstantinos Mitropoulos was elected as a new non-executive member of the Board of Directors.
Following the above, the composition of the Bank’s Board of Directors is as follows:
1. Mr. Konstantinos Mitropoulos, Chairman of the Board, non-executive member2. Mr. Stavros Papagiannopoulos, Vice-Chairman of the Board, non-executive member3. Mr. Theodoros Pantalakis, CEO, executive member of the Board4. Mr. Athanasios Tsadaris, Deputy CEO, executive member of the Board5. Mr. Ioannis Tsakirakis, Deputy CEO, executive member of the Board6. Mr. Charalampos Brilakis, independent, non-executive member7. Mr. Georgios Panagiotou, independent, non-executive member8. Mr. Georgios Vlachakis, independent, non-executive member9. Mr. Ioannis Marmagiolis, independent, non-executive member10. Mr. Dimitrios Tzanninis, non-executive member11. Mr. Athanasios Stathopoulos, non-executive member12. Mrs. Zacharoula Papatheodorou, additional, non-executive member and representative of the Greek State in accordance with the provisions of Law 3723/2008.

Biba names former Insurance Minister Jonathan Evans as new chairman

The British Insurance Brokers’ Association (Biba) has named former Insurance Minister and current board member Jonathan Evans as its new chair.
The announcement was made on stage at the 2019 Biba conference in Manchester by outgoing chairman Lord Hunt of Wirral whose tenure ends in December 2019.
Lord Hunt explained that following consultation with members Biba had decided to go with an independent chair with links to both politics and the insurance sector.
Evans, who will take up the position in January 2020, is a former Insurance Minister and also previously chaired the All-Party Parliamentary Group on Insurance.
He served two decades as a Conservative MP and MEP and also has a background as a solicitor specialising in insurance law.
Steve White, Biba chief executive officer, commented: “We are delighted that Jonathan has agreed to take the position of chair.
“He has already served on our board for one year as a non-executive director and his experience, credentials and insights will certainly help Biba to continue to lead the way.”
White continued: “He takes up the reins from David (Hunt) who I am sorry to see stand down. He has helped steer Biba very successfully over the last six years through some times of enormous change.”
Evans added: “I am delighted to accept the role of chair, having admired the work Biba does for many years.
“As I’ve worked closely with the team for a year now, I’m really looking forward to helping Biba continue its successful trajectory.”

Former Lloyd’s of London chairman David Rowland passes away

David Rowland, chairman of the Lloyd’s of London between 1993 and 1997, has passed away, Lloyd’s said in a statement. He was 85.
Rowland is credited with playing a critical role in safeguarding the future of the Lloyd’s market through its most difficult period.
Rowland guided the 300-year old enterprise through a financial crisis and initiated reforms in 1993 that saved it from collapse. In the 80s and 90s, Lloyd’s faced an unexpectedly large number of claims due to legal awards made in the US for asbestos, pollution and health hazards – some relating to losses dating as far back as the 1940s.
Under his leadership, Lloyd’s was able to confront and address the losses and put in place many of the necessary structural changes that still underpin the market today.
Rowland was awarded a Gold Medal for Services to Lloyd’s in 1996.
Bruce Carnegie-Brown, chairman of Lloyd’s, said: “We would like to express our deep sympathy and send our condolences to Sir David’s family for the debt of gratitude that we as a corporation and a market have to him.”