Swiss Re CEO to retire in July

Swiss Re CEO Michel Liès is stepping down as CEO and will be
replaced by Christian Mumenthaler, the company announced today (23
February).
After 35 years at Swiss Re, including four as CEO, Liès
will step down on 1 July to hand the leadership to reinsurance
division chief executive Mumenthaler.
Chairman Walter Kielholz commented: "Throughout his career,
Michel has lived Swiss Re's highest values and has been key to
our group's continued strong performance.
"Under his leadership ove