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SCOR reveals replacement of CEO’s successor

The original plan was a leadership change in 2022, with Benoit Ribadeau-Dumas allegedly appointed as CEO next year. However, the company’s board of directors met on May 17 to announce changes to the plan.

“Benoit Ribado Dumas has been appointed Deputy Chief Executive Officer since January 1, 2021 with the aim of becoming Chief Executive Officer after the 2022 General Assembly,” said a major reinsurer. It is stated in the latest information.

“While recognizing and praising his strong commitment and successful integration in the first few months at SCOR, the board meets the requirements of Benoit Ribado Dumas, who did not work in the insurance or reinsurance sector. I came to the conclusion that it has not been done. Before joining the group, I was appointed Chief Executive Officer of SCOR in June 2021. “

Laurent Rousseau (pictured) was unanimously selected as the successor on the basis of compensation and nomination committee recommendation. Rousseau, who is “confident and honored” to him, is currently Vice CEO of the Group’s global non-life insurance business and chair of SCOR Europe.

Headquartered in Paris, the company emphasizes: “The board has held senior positions within the group for the past 11 years and has benefited from 20 years of experience in London’s (re) insurance sector to make Laurent Rousseau and Paris the chief executive officers of SCOR. Has all the skills and qualities you need to have.

“Laurent Rousseau was one of three candidates selected by the Compensation and Nomination Committee as part of the Chairman and CEO’s succession plans in 2019 and 2020. In addition to this appointment, The Board proposes Laurent Rousseau to the 2021 General Assembly. Appointed as Group Director. “

Meanwhile, Kessler, who for personal reasons relinquishes his duties as CEO at the end of his current term, which expires on June 30, will be appointed as non-executive chairman.

SCOR reveals replacement of CEO’s successor

Source link SCOR reveals replacement of CEO’s successor

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