– SWITZERLAND, Basel – Bâloise Holding AG (SWX: BALN) today announced the appointment of Clemens Markstein to its Executive Committee as CEO of Baloise in Switzerland effective on 1 July 2023, to succeed Michael Müller, who is taking over as CEO of the Baloise Group from Gert De Winter.
“Thanks to his extensive experience in the insurance industry, Clemens Markstein is very familiar with the business, with Baloise in particular, and with our current challenges. We firmly believe that, in him, we have found the right person for this important role in Switzerland,” said Gert De Winter, CEO of the Baloise Group.
About Clemens Markstein
Clemens Markstein joined the Executive Committee of Baloise’s Corporate Division Switzerland in 2009 as Head of Product Management for Corporate Clients. He has been Head of Operations & IT since May 2017. The 52-year-old studied industrial engineering at Karlsruhe University in his home country of Germany and trained in strategy, marketing, and finance during a management program at Wharton Business School in Pennsylvania and the University of St. Gallen in Switzerland. In 2016, he completed an advanced management program at the Insead Business School in Fontainebleau, France. Following his studies, Clemens Markstein began his professional career as a consultant at the Boston Consulting Group in Stuttgart. He then held various roles at Allianz in Germany and Switzerland, before finally moving to Baloise. He has been a member of the Board of Directors of the International Network of Insurance (INI) since 2011 and its chairman since 2019. The INI is the world’s largest network of independent insurers and offers non-life insurance solutions for customers and brokers in 150 countries. Since 2018, Clemens Markstein has also been a member of the Board of Directors of Prevo-System AG.
About Baloise
The focus is firmly on the future at Baloise. We aim to make tomorrow more straightforward, safer, and carefree for our customers, and we are taking responsibility for this today. Baloise is more than just a traditional insurance company. We offer a complete service package through our smart finance and insurance solutions, complemented by a whole host of innovative offerings for home and personal transport. Dependable support, reliable cooperation, and trust-based relationships are key aspects of our stakeholder interaction. We take care of financial matters so that our customers can concentrate on the important things in their lives and can find inspiration in the everyday. Baloise, a European company founded in 1863, currently employs 8,000 people at its headquarters in Basel (Switzerland) and across its subsidiaries in Belgium, Germany, and Luxembourg. Our services generated a business volume of around CHF 8.8 billion in 2022 and a profit of CHF 548 million.
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