Buberl Named Zurich Swiss CEO

Zurich Financial Services Group announced that it has named Thomas Buberl, a 35-year old German citizen, as the new CEO of Zurich Switzerland, effective January 1, 2009.

He will join Zurich on November 1, 2008, and, after a two month transition period, will succeed Markus Hongler, who will then become CEO of Zurich Insurance Ireland Limited (ZIIL), Zurich’s main EU-wide risk carrier for General Insurance.

Buberl joins Zurich from AXA Winterthur, AXA’s Swiss insurance arm, where he was Head of Distribution and a member of the Executive Board. Prior to that, he worked as manager at The Boston Consulting Group. He holds a PhD in Economics from the University of St. Gallen and an MBA from Lancaster University in the UK.

In January 2008, Mr. Buberl was selected as a member of The Forum of Young Global Leaders, a partner of the World Economic Forum. Young Global Leaders are an elite group of business people who are 40 years or younger and who dedicate their time and energy towards a better future for the world.

Source: Zurich – www.zurich.com