Switzerland's largest insurance company, Swiss Life, is set to undergo a change in its top leadership as Chief Executive Officer Patrick Frost is slated to step down during the upcoming Annual General Meeting in mid-May 2024. His successor will be the current Chief Financial Officer, Matthias Aellig.
Frost, who has held the reins of Switzerland's premier life insurer since July 2014, plans to transition to the Board of Directors in 2026. Aellig, the incoming CEO, has been overseeing the financial aspects of the country's largest property owner since March 2019, following a nine-year stint as the chief risk officer. The role of Chief Financial Officer will be assumed by Marco Gerussi, currently overseeing financial transformation and IT, who will join the group's general management. ...