SPAIN - José Cercós, chairman of the Iberian arm of Winterthur Group (WG) - a business unit of financial services giant Credit Suisse Group (CSG) - has quit the firm.
César Bardají, CEO of Winterthur Insurance in Spain and Portugal and a member of its global executive board, will also assume the chairmanship of Winterthur Insurance in Spain. At the same time, Ernesto Casa, CEO of Winterthur Vida in Spain, will assume the chairmanship of Winterthur Life and Pensions in Spain.
Cercós steps down after 38 years of service to the firm in a series of senior posts. In 1983 he was appointed WG’s chief operating officer and in 1995 chairman of the board. At the end of 2000, as part of the WG’s reorganisation, he was appointed regional president for the Iberian market.
The firm said that Cercos had decided to “change professional track.” No additional details were given.
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