Swiss Re Corporate Solutions announces the appointment of Matthias Grass as chief financial officer (CFO), effective 1 July 2020.
Grass will also join the Swiss Re Corporate Solutions Executive Committee and will relocate from Bratislava to Zurich. He is to succeed Martin Mueller who has been appointed head global finance transformation for Swiss Re Group.
In his new role, Grass will be responsible for overseeing Swiss Re Corporate Solutions' Finance function, ensuring the business unit achieves its financial targets and implementing the division’s business strategy. He will also have oversight of a team of around 200 finance professionals in offices around the world.
Grass joined Swiss Re in 2013 where he served as chief financial officer of Group Operations and chief financial officer for Swiss Re’s service companies. During his time, he significantly improved cost management, operations, and steering across the Swiss Re Group. The firm states that he also played a key role in implementing the global operations strategy and expanding the company's presence in Bratislava.
Prior to Swiss Re, Grass spent 8 years with McKinsey & Company where he held numerous positions of increasing seniority.
Andreas Berger, CEO Swiss Re Corporate Solutions said: "Matthias has shown he is an effective leader who has achieved ambitious targets, inspired his people, and helped grow our very successful Bratislava operation. I am pleased he will join Corporate Solutions during this transformative time in our development. Matthias will be a driving force in refining our strategy as we advance corporate insurance for the benefit of our customers."
Adding: "I'd like to thank Martin for his many contributions to Corporate Solutions, particularly his leadership during our strategic review. "By overseeing the successful implementation of our management actions, Martin has helped us make significant progress in our return to profitability, which I am confident Matthias will help Corporate Solutions achieve in 2021, as committed."