Thomas Stöckl hands over management of the Finance Department at HDI Global Specialty SE to Dr Christian Hermelingmeier
With effect from 1 March, Thomas Stöckl (48) will hand over management of the Finance Department at HDI Global Specialty to Dr Christian Hermelingmeier (42). The Supervisory Board already appointed Dr Hermelingmeier to the Executive Board of HDI Global Specialty SE as Managing Director as of 1 January 2023. Dr Hermelingmeier will carry out this function alongside his role as Chief Financial Officer at HDI Global SE. Thomas Stöckl will leave the company by best mutual consent in order to tackle new career challenges.
The departure of Thomas Stöckl opens up the opportunity for the two Finance Departments to work closer together. “We expect the uniform management to promote significant enhancement for the operational cooperation within Finance over the medium term, to contribute to improving our position with respect to the competition and assist us in achieving our ambitious goals,” commented Ulrich Wallin, Chairman of the Board of Directors at HDI Global Specialty SE. On behalf of the entire Board of Directors, he thanks Thomas Stöckl for his work:
“Mr Stöckl has built up and further developed the company’s finance division and realigned it strategically. We thank him for this and wish him all the best professionally and privately.”
Ulrich Wallin, Chairman of the Board of Directors at HDI Global Specialty SE
Dr Christian Hermelingmeier, an equally experienced financial expert, will lead the Finance Department of HDI Global Specialty SE.
“I’m excited about the close partnership with all employees, and I’m convinced that together we can continue the success story of HDI Global Specialty SE.”
Dr Christian Hermelingmeier, Chief Financial Officer at HDI Global SE
Since 1 September 2020, Hermelingmeier has been Chief Financial Officer at HDI Global SE, and he was previously responsible for controlling in the Retail Germany segment of the Talanx Group. He gained experience in Industrial Lines insurance as Head of Operational Controlling at HDI Global SE from 2016 until the middle of 2018.
Thomas Stöckl is leaving the company after nine years. Over this period, he has worked in a variety of positions, including at Hannover Rück SE, Inter Hannover SE and HDI Global Specialty SE.
“During this time, Thomas Stöckl and his team made a significant contribution to the continuous growth of the company, and supported the relocation of the headquarters from London to Hannover through his far-sighted approach at a pivotal point. He also played an integral part in the conversion and strategic realignment of Inter Hannover to HDI Global Specialty SE as a joint venture. During this period, Thomas Stöckl played a key role in the change and the transformation of our company. We would like to take this opportunity to thank him for his outstanding work and wish him all the best in both his personal and professional life.”
Ralph Beutter, Member of the Board of Management at HDI Global SE and Chief Executive Officer at HDI Global Specialty SE
Dr Christian Hermelingmeier becomes new Chief Financial Officer of HDI Global SE
Dr Christian Hermelingmeier will become the new Chief Financial Officer of HDI Global SE commencing 1 September 2020. He succeeds Clemens Jungsthöfel, who is joining the Executive Boards of Hannover Rück SE and E+S Rückversicherung AG on the same date. The latter will take over from the current Chief Financial Officer Roland Vogel, who is retiring on 30 September 2020.
Clemens Jungsthöfel (49) has been a member of the Executive Board of HDI Global SE since May 2018 with responsibility for the areas of controlling, risk management, corporate development and passive reinsurance. He played a highly successful part in stabilising HDI Global SE, provided pivotal support for the rehabilitation of property business and successfully restructured the finance function.
Torsten Leue, Chairman of the Supervisory Board of HDI Global SE and Chief Executive Officer of Talanx AG, commented: “I would like to thank Clemens Jungsthöfel for his extremely successful work at HDI Global SE. In recent years he has been instrumental in making HDI Global fit for the future and shaping the cultural transformation. I am delighted that we have been able to recruit such a well-versed financial expert for Hannover Re. I wish him every success in his work. I would also like to congratulate Christian Hermelingmeier on his new challenge. He knows the Group and HDI Global and he has vast experience on the finance side. I wish him every success.” Dr Edgar Puls, Chief Executive Officer of HDI Global SE and the member of the Talanx AG Board of Management responsible for the Industrial Lines division, stated: “While the departure of Clemens Jungsthöfel is a painful loss for us, joining a listed company within the Talanx Group is a terrific step for him to take. He has performed outstanding work for us – my considerable appreciation is matched only by how very pleased I am for him. At the same time, I am looking forward to working with Christian Hermelingmeier. I know him very well from his work with us and I have no doubt that with his cultural awareness he will continue to drive the transformation that has begun at HDI Global SE.”
These personnel changes are subject to the approval of the Federal Financial Supervisory Authority (BaFin).