Converium has appointed Markus Krall as Chief Risk Officer and as a member of the Company’s Global Executive Committee, effective July 1, 2006. He places Hans-Peter Boller.
Krall, 43, a German citizen, is currently a senior partner at McKinsey & Company in Frankfurt and Head of the Risk Management Practice in Central Europe. He began his career at Allianz AG Holding in Munich in 1991 as a member of the Executive Board’s staff. In 1994, he moved to the consulting profession with a focus on financial services, first for the Boston Consulting Group in Frankfurt, then, as from 1997, for Oliver Wyman & Company where he specialized in risk management for financial services institutions and was elected Partner and Director in 2000.
CEO Inga Beale commented: “I would like to thank Hans-Peter Boller for his valued contribution and committed service to Converium and wish him every success for his future endeavors.
“I am very pleased that Markus Krall will join Converium to lead our risk management teams. He has built an impressive track record in strategic risk management consulting, involving some of the world’s leading financial services institutions. On this basis Markus Krall has gained an in-depth insight into a wide variety of relevant areas such as risk-based capital management. He also brings to Converium a broad and holistic perspective of enterprise risk management which is of increasing interest to our industry’s stakeholders, including the rating agencies.”
Topics Risk Management
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