Zurich Insurance Group announces Tom Osterwalder as next CEO Zurich Invest Ltd (ZIAG)

(SWX: ZURN) today announced the appointment of Tom Osterwalder as the new CEO of Zurich Invest Ltd (ZIAG) with effect on 1st October, to succeed Martin Gubler who will take over the management of the Zurich Investment Foundation.

About Tom Osterwalder

Tom Osterwalder is a business economist who has been working for Zurich for more than 20 years and has been instrumental in developing ZIAG into a major financial market participant in the Swiss asset management market.

Tom Osterwalder joined Zurich in 2002 after an international career at Novartis and was CIO from 2006 to 2020 and Deputy CEO of ZIAG since 2012. He has led the Institutional Business division since 2021. In this role, he is responsible for the strategic direction of the institutional business.

Tom Osterwalder has in-depth knowledge of the financial industry, holds a degree in Banking and Finance from the University of Zurich,, and complete, ands well as the Executive Program at IMD in Lausanne.

Zurich Insurance Company Ltd and Zurich Life Insurance Company Ltd manage Zurich Insurance Group’s corporate and private customer business in Switzerland and the Principality of Liechtenstein. The organization is one of the largest insurers in Switzerland and operates in the market under the names Zurich and Zurich Life.

For information, visit www.zurich.ch.

Zurich Invest Ltd (founded in 1998) is a wholly owned subsidiary of Zurich Insurance Company Ltd. With assets under management of over CHF 42 billion, it is a significant financial market participant in the Swiss asset management market. Zurich Invest Ltd is the managing director of the Zurich Investment Foundatioas established in 1999.

For information, visit www.zurichinvest.ch.

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving individuals and businesses in more than 210 countries. The Group is headquartered in Zurich, Switzerland, and employs approximately 56’000 people. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a Level I American Depositary Receipt program (ZURVY) that trades over-the-counter on the OTCQX.

For information, visit www.zurich.com.

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