PR93060

ZURICH, Nov. 16, 2021 /PRNewswire＝KYODO JBN/ --

- AIA Chief Executive & President Lee Yuan Siong becomes Vice Chairman

- Aviva CEO Amanda Blanc joins Board

https://www.genevaassociation.org/news/board-updates-2021

The Geneva Association announces today that Christian Mumenthaler, CEO of Swiss

Re, was appointed the new Chairman of the organisation at its 10 November Board

meeting. Christian Mumenthaler, who has been Vice Chairman since November 2019,

succeeds outgoing Chairman Charles Brindamour, CEO of Intact Financial, who

remains on the Board. Lee Yuan Siong, Chief Executive & President of AIA, was

appointed Vice Chairman.

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In addition, Amanda Blanc, CEO of Aviva, was elected as a new Board member at

the Statutory Assembly of the Association on 11 November.

Christian Mumenthaler said: "I feel privileged to take on this role at such a

crucial time for both our industry and society more broadly, as re/insurers

mobilise to confront immense challenges, namely climate change and the after

effects of COVID-19. I thank Charles Brindamour for his outstanding leadership

over the past three years. Under his Chairmanship, The Geneva Association has

deeply transformed. Through its rich portfolio of research and dialogue

activities, the organisation makes an essential contribution to the debate on

strengthening the world's resilience to global risks. I look forward to further

increasing the impact we have for all our stakeholders."

Lee Yuan Siong commented: "It is an honour to be appointed Vice Chairman of The

Geneva Association. The enormous positive difference that insurance can bring

to the lives of our communities has never been more relevant than it is today.

I look forward to collaborating closely with Christian and members of the Board

as we work together to address the global strategic and risk management issues

facing our industry, while playing our part in the transition to a better, more

sustainable future."

Amanda Blanc said: "I look forward to working with Christian, contributing to

the Geneva Association agenda and supporting the critical role which the global

insurance industry plays in the resilience of our economy and society."  

Jad Ariss, Managing Director of The Geneva Association said: "It has been my

privilege to work with Charles Brindamour since I joined the organisation in

2019. I am very pleased that Christian Mumenthaler has accepted to become the

Chairman of The Geneva Association and am grateful to the Board for running the

succession smoothly. I look forward to working with Christian as new Chairman

and Lee Yuan Siong as new Vice Chairman. I also warmly welcome Amanda Blanc as

new Board member. Together with the rest of the Board we will ensure The Geneva

Association – through its programme of research, discussions and outreach –

continues to provide meaningful support to the insurance sector in its  mission

to make the world a more sustainable, equitable and resilient place."

About The Geneva Association

The Geneva Association is the only global association of insurance companies;

its members are insurance and reinsurance CEOs. Based on rigorous research

conducted in collaboration with its members, academic institutions and

multilateral organisations, The Geneva Association investigates key risk areas

that are likely to impact the insurance industry, develops corresponding

recommendations and provides a platform for stakeholders to discuss them. In

total, the companies of Geneva Association members are headquartered in 25

countries around the world; manage USD 17.1 trillion in assets; employ 2.4

million people; and protect 1.8 billion people.

SOURCE  The Geneva Association