Swiss Re announced that following Kaspar Villiger’s nomination for election as Chairman of the UBS Board of Directors he will resign as a member of Swiss Re’s Board of Directors with effect from from March 13, 2009, the day of Swiss Re’s Annual General Meeting.
“The Board of Directors thanks Kaspar Villiger for his valuable contribution and commitment to Swiss Re in the past years and wishes him every success in his proposed new role as Chairman of UBS”, stated Peter Forstmoser, Swiss Re’s Chairman of the Board of Directors.
Villiger joined Swiss Re’s Board of Directors in 2004 for a four-year term and was re-elected in 2008 for a three-year term.
Source: Swiss Re – www.swissre.com
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