Baloise Luxembourg announces Christine Theodorovics as next CEO

– SWITZERLAND, Basel / LUXEMBOURG –  Baloise Group in Luxembourg, today announced the appointment of Christine Theodorovics as CEO effective on 1st June 2023, to succeed Romain Braas who will retire on 30 September 2023.

“We are confident that in Christine we have found the ideal candidate for the role of CEO of Baloise in Luxembourg. She has a long and successful track record in the insurance industry and possesses the leadership qualities and values needed to master the challenges we must face in a constantly changing world. Together with Christine, we are looking forward to building on our success and seizing every opportunity to make Baloise an even more customer-focused company,” said group CEO, Gert De Winter.

The Board of Directors also proposes that Christine Theodorovics takes over the functions of an authorized director and director of Baloise Assurances and Baloise Vie Luxembourg, subject to the approval of the insurance supervisory authority.

About Christine Theodorovics

Christine Theodorovics has an outstanding and comprehensive track record in the finance and insurance industry, specializing in digitalization, strategic transformation, and ESG. After studying economics at the Vienna University of Economics and Business, completing a postgraduate degree at the College of Europe in Bruges, and initial work experience in market research with Kantar Group and in quality management at Credit Suisse, she began her insurance career as Head of Operational Excellence at Swiss Life. From 2011 to 2019, she worked for the Zurich Insurance Group in a variety of different senior positions – most recently as a member of the executive board of Zurich Deutschland – before moving to the AXA Group. In her role as CSO at AXA, she was responsible for strategy development and implementation for the Italian, German, and Belgian markets until August 2022.

Christine Theodorovics is a non-executive director of Athora Deutschland and Hansard Global Plc, as well as a member of the board of trustees of SOS Children’s Villages Switzerland.

She holds a Ph.D. from the University of Gloucestershire in the UK.

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