Russell Higginbotham to become new Swiss Re CEO Reinsurance Asia and Regional President; Jayne Plunkett has decided to leave Swiss Re
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Swiss Re announces today that Russell Higginbotham has been appointed CEO Reinsurance Asia and Regional President, effective 8 July 2019 and subject to necessary regulatory approvals. He is succeeding Jayne Plunkett, who has decided to pursue career opportunities outside Swiss Re.
Russell Higginbotham is an experienced leader who has been with Swiss Re for close to 25 years in various roles and has deep familiarity with Asia Pacific. Before his current role as CEO Reinsurance EMEA and Regional President, he led Swiss Re's global Life & Health (L&H) Products Division. Prior to that, he served as CEO of Swiss Re UK & Ireland, CEO of Swiss Re Australia and New Zealand and led the company's L&H businesses in Japan and Korea.
Walter B. Kielholz, Swiss Re Chairman, says: "Considering Russell Higginbotham's experience across Asia and a very strong track record in the industry, we are confident that he is the ideal candidate to succeed Jayne Plunkett in leading our Asia business."
Swiss Re is pleased that the appointment of a strong internal candidate ensures continuity for its clients. A successor to Russell Higginbotham as CEO Reinsurance EMEA and Regional President will be announced in due course.
Walter B. Kielholz continues: "On behalf of the Swiss Re Board of Directors, I would like to personally thank Jayne Plunkett for her contribution, engagement and dedication to Swiss Re for close to 20 years. Under her leadership, our Asia business continued to grow at a steady pace, and we've increased our focus on China. During her tenure at Swiss Re Jayne has had a successful career, during which she held various leadership roles with increasing responsibility. Prior to her current role she served as global Head Casualty Reinsurance and Head of Casualty Underwriting for Asia, where she focused on growing and developing our business in response to technological changes."
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.
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