Zurich Insurance Group has announced the appointment of its next Group Chief Financial Officer. Subject to regulatory approval, Claudia Cordioli will succeed George Quinn as Group CFO in March 2024. Before his departure, Quinn will oversee the completion of Zurich’s annual results for this year, ensuring a smooth handover.
Cordioli, whose predecessor held the top finance post at Zurich since 2014, will be joining the insurer’s executive committee. A fellow of the Aspen Institute Finance Leaders Fellowship and a member of the Aspen Global Leadership Network, she most recently served as Swiss Re’s Group Finance Director.
“I am delighted to welcome Claudia to Zurich,” said Group Chief Executive Mario Greco in a release. “She brings extensive experience across both finance and business functions, coupled with a proven record of delivering impactful results, building effective teams, and driving change.”
Cordioli’s credentials also include time spent at KPMG.
Meanwhile, Greco expressed his appreciation for Quinn, who decided to step down for undisclosed reasons: “I would like to thank George for his remarkable contribution to Zurich over the last 10 years, reflected in Zurich’s strong financial position, notably our robust Swiss Solvency Test (SST), balance sheet, and ratings. I wish George much continued success in his future endeavors.”