Swiss Re has announced the appointment of Claudia Cordioli as chief financial officer (CFO) of its global reinsurance business unit, effective from 1 February 2020.

Cordioli will succeed Gerhard Lohmann, who is pursuing an opportunity outside Swiss Re and will be leaving the company towards the end of February 2020.

In her new role, she will report to Moses Ojeisekhoba, CEO Reinsurance, and become a member of the reinsurance management team, based in Zurich.

She currently serves as head Western & Southern Europe (WSE) for reinsurance at Swiss Re leading business in 15 countries. She joined Swiss Re in 2003 and brings almost 2 decades of financial services industry experience.

Since then, she has held a variety of positions within the Group’s Finance functions, including CFO for EMEA and head of group external reporting.

Swiss Re added that a successor to Cordioli’s position as head Western & Southern Europe for reinsurance will be announced in due course.

Ojeisekhoba said: “In Claudia Cordioli we found a very strong internal successor for the CFO role, which will ensure continuity for our business. She has done a remarkable job in running the western and southern Europe region for reinsurance, and she remains fully committed to support our clients there through the upcoming renewal period. I would also like to thank Gerhard for his strong contribution over the past seven years.”