Press release
September 2, 2021 – No. 23
SCOR announces changes to it is group Executive Committee
SCOR today announced changes to its Executive Committee that reflect the importance of transformation and sustainability in the next phase of its strategic development. All internal promotions, these changes highlight the Group’s deep talent bank.
The new composition proposed by Laurent Rousseau, SCOR’s Chief Executive Office, was endorsed by the Board of Directors’ Nominations Committee and approved by the full Board.
The following members of the Executive Committee continue to work in their current functions:
- Ian Kelly, as Group Chief Financial Officer.
- Jean Paul Acquaintance, as Chief Executive Officer of SCOR Global P&C.
- Brona magician, as Deputy Chief Executive Officer of SCOR Global Life.
The following members of the Executive Committee have expanded responsibilities:
- Franz von Varenne, Chief Executive Officer of SCOR Global Investments, will oversee an expanded leadership role including investments, technology, budget, group project office and group corporate finance. In his new role, he will be responsible for transforming the group.
- Claire Le Gall-Robinson, Group General Secretary responsible for Governance, Sustainability, Legal and Compliance, has been appointed Group Chief Sustainability Officer. In addition to her previous responsibilities, she will be responsible for Human Resources, Communications and Hub Operations in this new and expanded role.
The following members of the Executive Committee have new responsibilities:
- Frieder Knüpling, previously Group Chief Risk Officer, has been named Chief Executive Officer of SCOR Global Life, succeeding Paolo De Martin, who has chosen a new direction in his career after successfully serving as Chief Executive Officer of SCOR Global since 2014 Life was active.
- Romain Launay, previously Group Chief Operating Officer, will be named Deputy Chief Executive Officer of SCOR Global P&C and CEO of Specialty Insurance.
- Fabian offer, previously Group Head of Risk Modeling, responsible for the Group’s internal model, succeeds Frieder Knüpling as Group Chief Risk Officer and becomes a member of the Group Management.
Laurent Rousseau, SCOR’s Chief Executive Officer, comments: “The broad global experience, diverse background, strong expertise, industry knowledge and leadership qualities of the members of this renewed Executive Committee give me a high level of confidence in our ability to successfully advance the development of SCOR. These internal promotions testify to the abundance of SCOR’s talent pool and the strong skills of our aspiring leaders. I am confident that this new organization will ensure management continuity and at the same time reflect the strategic importance of transformation and sustainability for the group. We are mobilized to accelerate the deep transformation of the company envisaged in the Quantum Leap Strategic Plan and accelerate long-term value creation for all of our stakeholders. I have designed this Group Executive Committee – both the members and the division of responsibilities – so that we work together and act as a team to implement the strategy of SCOR and, together with our more than 3,000 employees, the next chapter of. to write the success story of SCOR. “
Denis Kessler, Chairperson by SCOR, comments: “I have full confidence in the ability of this Group Executive Committee to continue the long-term development of the Group for the benefit of all stakeholders. On behalf of the Board of Directors and on my own behalf, I would like to thank Paolo De Martin for his remarkable contribution to the development of the group since joining SCOR in 2007. After his successful role as Group CFO, he was instrumental in the expansion of the group’s global franchise for the past seven years as CEO of SCOR Global Life. I wish Paolo every success in the next step in his career. “
Biographies
Jean Paul Acquaintance, American and French citizen, is a graduate of the University of California Berkeley (Master of Science in civil engineering) and the Ecole des Travaux Publics, Paris (engineering degree in civil engineering). He began his career in earthquake engineering in California and then in CAT modeling as European director of the modeling company EQECAT. He then held several senior positions at AON Benfield as a reinsurance broker in London and Paris and then at AXA Re in Paris as Global Head of Property. He joined SCOR in New York in 2008 as Chief Underwriting Officer for America for SCOR Global P&C; He helped transform SCOR’s team and portfolio in America before assuming the position of CEO of SCOR’s P&C US Operations in 2016 and then CEO of Global Reinsurance in 2018. In 2019 he was appointed CEO of SCOR Global P&C and a member of the Executive Committee.
Ian Kelly, British citizen, is a Fellow of the Association of Chartered Certified Accountants. After starting his career at Prudential, he then moved to the London life reinsurance department of the Gerling Group, later Revios UK, as Chief Accountant. Following the acquisition of Revios by SCOR, he was named Chief Financial Officer of the UK operations in 2007. In 2009 Ian was appointed Director of General Accounting and Group Reporting and was responsible for the consolidation of the SCOR Group’s financial reporting. Ian enhanced his strategic, regulatory and financial experience at SCOR with his appointment as Head of Group Financial Planning and Analysis in 2011. Ian remained responsible for the Group’s financial planning and was named Head of Investor Relations in 2016 before becoming Group Chief Financial was appointed officer and member of the Executive Committee in 2020.
Frieder coupling, German citizen, has been a member of the Group Executive Committee of SCOR since 2010, initially as Deputy CEO of SCOR Global Life, then as Deputy Group Chief Risk Officer and finally as Group Chief Risk Officer. Prior to that, he held various functions in the actuarial, risk and finance departments at SCOR, Revios and Gerling Global Re. He has degrees in mathematics and physics and a doctorate in economics. He is a scholarship holder of the German Actuarial Association (DAV).
Romain Launay, French citizen, is a graduate of the École Polytechnique, the École des Mines de Paris and the Center des Hautes tudes de l’Assurance. After holding various positions in the French Ministry of Economy and Finance between 2004 and 2009, he became an advisor to the Prime Minister in 2009. He joined SCOR in February 2012 as Senior Advisor to the Chairman and Chief Executive Officer before being named Group General Secretary in May 2014. In February 2016, Romain Launay was named Group Chief Operating Officer.
Claire Le Gall-Robinson, French citizen, is admitted to the bar in Paris and New York and is a graduate of Harvard Law School (Master of Laws) and Paris II-Panthéon Assas University (Corporate and Tax Law, Major de Doctorate). She worked for the leading US law firms Sullivan & Cromwell LLP and Skadden, Arps, Slate, Meagher & Flom LLP for over 17 years. Prior to joining SCOR as Group General Secretary in 2016, she was a partner at UK law firm Gowling WLG. She has been teaching at Sciences Po Law School since 2010. She is the author of articles on various topics of corporate law and co-author of a book on commercial law for Editions Dalloz. In March 2021, she was appointed to SCOR’s Group Executive Committee.
Brona magician, Irish national, holds a Bachelor of Actuarial and Financial Studies from University College Dublin. From 2006 to 2011 she worked for Transamerica International Reinsurance Ireland, which was acquired by SCOR in 2011. From 2011 to 2013 she was CFO of SCOR Global Life Reinsurance Ireland. In 2013, she moved to the United States to take on the position of Chief Financial Officer, Americas at SCOR Global Life, and was promoted to Deputy Chief Executive Officer, Americas in 2015. She returned to Dublin in February 2017 and became Chief Actuary for SCOR Global Life. In November 2017 she was appointed Head of Client Solutions and a member of the Executive Leadership Team of SCOR Global Life. In September 2018 she became Deputy CEO and Head of Global Markets for SCOR Global Life and a member of the Executive Committee. Brona Magee is a Fellow of the Society of Actuaries in Ireland.
Fabian offer, Swiss citizen, began his career in 2003 as a life actuary in the insurance industry at Allianz Suisse. He then worked for a start-up called CelsiusPro and developed a pricing engine for weather derivatives. In 2009 Fabian Uffer moved to SCOR in the P&C Risk Management department. He then moved to Group Financial Modeling and Risk Analysis, where he held various positions, including Head of Risk Modeling. In 2021 he was appointed Chief Risk Officer. Fabian studied at the University of Waterloo and has a master’s degree in mathematics from ETH Zurich. He is a fully qualified actuary of the Swiss Association of Actuaries.
Franz von Varenne, French citizen, is a graduate of the École Polytechnique and civil engineer of the Ponts et Chaussées. He has a doctorate in finance and is a graduate actuary at the Institut de Science Financière et d’Assurances (ISFA). François de Varenne joined the Fédération Française des Sociétés d’Assurances (FFSA) in 1993 as manager of economics and finance. In London, he was successively an insurance strategist at Lehman Brothers from 1998, Vice President for Asset Management Solutions and a specialist in structured transactions in insurance and reinsurance companies at Merrill Lynch and then at Deutsche Bank. In 2003 he became Managing Partner of Gimar Finance & Cie. In 2005 he joined the group as Director Corporate Finance and Asset Management. In September 2007 he was appointed Group Chief Operating Officer. In October 2008, François de Varenne was appointed Chief Executive Officer of SCOR Global Investments.
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SCOR, a global tier 1 reinsurer
SCOR, the fourth largest reinsurer in the world, offers its customers a diversified and innovative range of solutions and services for the control and management of risks. Using The Art & Science of Risk, SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the well-being and resilience of society.
With its AA rating or equivalent from S&P, Moody’s, Fitch and AM Best, SCOR offers its customers an optimal level of security. The group generated premiums of more than 16 billion euros in 2020 and serves customers in more than 160 countries from its 36 branches worldwide.
Further information is available at: www.scor.com.