– SWITZERLAND, Zurich – Swiss Life Group (SWX: SLHN) today announced the appointment of current group CFO Matthias Aellig as Group CEO with effect from 16 May 2024, to succeed Patrick Frost who will step down as Group CEO at the AGM on 15 May 2024.
“Matthias Aellig is among those personalities at our company who in recent years have played a key role in helping Patrick Frost shape the strategy of the entire Group. By selecting him as successor, the Board of Directors is demonstrating its commitment to continuity. I am very pleased to have this opportunity to work closely with Matthias Aellig in the coming years,” said Board Chairman, Rolf Dörig.
The Board of Directors intends to propose the election of Patrick Frost as a member of the Board of Directors at the 2026 Annual General Meeting.
Patrick Frost said: “After serving for 18 years on the Group Executive Board of Swiss Life, ten of which as CEO, I have decided to step down from my operational role in May 2024 to focus more on strategic tasks. I am pleased to be able to hand over this role to Matthias Aellig, with whom I have had a very trustful working relationship for many years.”
About Matthias Aellig
Matthias Aellig has held key positions at Swiss Life since 2010, initially as Group CRO and since 2019 as CFO.
Matthias Aellig commented: “I am very much looking forward to continuing to shape the future of Swiss Life as CEO from mid-May. I would like to thank the Board of Directors for the confidence they have placed in me, and I am delighted to be able to continue our collaboration, also with both new colleagues on the Group Executive Board.”
About Swiss Life Group
The Swiss Life Group is one of Europe’s leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France, and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.
Swiss Life Select, Tecis, Horbach, Proventus, and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high-net-worth individuals with structured life and pension products.
Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group also includes various subsidiaries. The Group employs a workforce of around 10,000 and has at its disposal a distribution network of over 17,000 advisors.
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.