Swiss-based reinsurer Converium announced that its current Chief Risk Officer, Markus Krall, will leave the company, effective June 30, for personal reasons.
Converium said it has not yet found his replacement, but is “looking to fill the position internally.”
CEO Inga Beale commented: “The entire Executive Committee appreciates Markus’ contribution, especially relating to the important process of Enterprise Risk Management where his expertise has been very relevant for Converium. I wish him success in all his future private and professional endeavors.”
Krall was the CRO for slightly over a year. He joined Converium in May 2006 from his ^position as 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.
Converium is in the process of being absorbed by France’s SCOR Group.
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