Generation change at Swiss Life – CEO Bruno Pfister will hand over to Patrick Frost, Chief Investment Officer, on 1 July 2014.
"Swiss Life has recorded very positive progress over the recent challenging years, has grown profitably and is well on track; the goals set as part of the Group-wide strategy 'Swiss Life 2015' are being systematically and successfully implemented," says Bruno Pfister, who has been with the Group since 2002, first as CFO, then as CEO International and, since 2008, as Group CEO. "Swiss Life is well positioned to play a significant role in the growing market for life and pensions and financial solutions. As our course is set, this is a good point for me to begin a new chapter in my career.”
He will be succeeded on 1 July 2014 by Patrick Frost who, as a long-serving Corporate Executive Board member, having joined the Board in 2006, knows Swiss Life very well. Patrick Frost began his career in the mid-nineties as an analyst and subsequently as a Portfolio Manager in asset management for Winterthur Group. After two years in the US as a Corporate Bond Manager, he was appointed Head of Fixed Income at Winterthur Group in 2001. In 2006 he was appointed Chief Investment Officer of the Swiss Life Group.
"We are extremely pleased that, with Patrick Frost, we have been able to appoint the new Group CEO from among our own ranks – this is also a sign of continuity. His track record in asset management and in-depth know-how of the life and pensions and financial market, together with his extensive knowledge are qualities which will enable him to lead Swiss Life into a successful future," comments Rolf Dörig, Chairman of the Board of Directors. "On behalf of the Board of Directors and the Corporate Executive Board, we would like to thank Bruno Pfister already today for his exceptional engagement and the great contribution he has made over a long period to the Group's successful development."
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