SWITZERLAND - Zurich Financial Services (Zurich) has overhauled its senior management .
Firstly, the Swiss firm has strengthened its financial and operational management with the appointment of two new chief operating officers.
James Schiro former CEO of PricewaterhouseCoopers has been hired as chief operating officer, group finance. He will assume responsibility for the management of all finance functions.
Peter Eckert has been appointed chief operating officer, group operations and business development. Eckert joined Zurich in 1980 and is currently CEO of the newly-created continental Europe business division. Both positions are effective from March, 2002.
Constantine Iordanou, senior executive vice president, will quit the firm to accept another senior executive position at an undisclosed firm outside of Zurich.
CFO Günther Gose is set to retire in mid 2002. Thomas Buess, currently CFO Zurich North America corporate, is to become deputy chief financial officer and a member of the group management board. He will succeed Gose as Zurich’s CFO effective March, 2002. Buess will report to Schiro.
By Madhu Kalia
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