Oechslin to Replace Shamieh as Munich Re Deputy CRO

April 19, 2007

Munich Re announced that Charlie Shamieh, the reinsurer’s Chief Risk Officer (CRO), will shortly be relinquishing his position for family reasons and will leave the Company “by amicable agreement in order to continue his career in the United States.”

Munich Re named Joachim Oechslin, currently Deputy CRO of the AXA Group in Paris and previously CRO of the Winterthur Group, which AXA acquired last year, to succeed him.

Nikolaus von Bomhard, Chairman of Munich Re’s Board of Management commented: “We fully understand Charlie Shamieh’s decision, but regret his departure. He has done a great job, energetically advancing our Group’s integrated risk management with his team. In Joachim Oechslin, we are delighted to have found a successor who will maintain the high standard already achieved in this area.”

Was this article valuable?

Here are more articles you may enjoy.