Bermuda’s RenaissanceRe Holdings Ltd. announced that Henry Klehm III, Global Head of Compliance of Deutsche Bank, AG, has been elected to its Board of Directors. His addition brings the total number of directors on RenRe’s Board to 11, of which nine are independent.
Board Chairman W. James MacGinnitie commented: “We are pleased to welcome Henry Klehm to our Board of Directors. Henry’s combination of regulatory and commercial experience with leading global financial services companies makes him an excellent addition to our Board.” CEO Neill A. Currie added: “Henry’s knowledge, experience and professionalism will be invaluable to our Board as we focus on further expanding our competitive advantages and continuing our efforts to assure our compliance standards at all times reflect prevailing best practices.”
As Global Head of Compliance, Klehm, 47, has overall management responsibility at Deutsche Bank for compliance advice, policies, training, monitoring, and internal reviews through a worldwide staff of more than 650 professionals. Before joining Deutsche Bank in 2002, he was Chief Regulatory Officer and Deputy General Counsel at Prudential Financial. Prior to this, Klehm spent ten years in increasingly senior positions at the United States Securities and Exchange Commission, rising to the position of Senior Associate Regional Director before returning to the private sector.
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