Swiss Life CFO to exit

Swiss Life’s chief financial officer Thomas Buess will step down from the role by next year. Matthias Aellig, chief risk officer will take over his position as of 1 March 2019 and will also become member of the corporate executive board.

Buess, who after ten exceptionally successful years at Swiss Life has decided to take on duties and roles in the next phase of his life that do not entail an executive function, yet enable him to apply his experience in a variety of ways.

Aellig has been chief risk officer of the Swiss Life Group since 2010. In this role he is responsible for quantitative and qualitative risk management, the Group’s actuarial office, and product and margin management. Over the past years he has made an indispensable contribution to the company’s strong capitalisation, to developing enterprise risk management, to stabilising the interest margin and to maintaining progress on the value of new business front.

Patrick Frost, CEO of the Swiss Life Group: “Matthias Aellig is an experienced leader with a broad knowledge of insurance and finance. As chief risk officer, he has been involved in all of the key issues facing the corporate executive board. He stands for continuity.”