AXA: Volker Reinthaler becomes the new Chief Financial Officer

6 February 2024

Internal succession in the management of AXA Switzerland: Volker Reinthaler, previously Chief Risk Officer, will become Chief Financial Officer of the largest Swiss all-industry insurer as of March 1, 2024. He takes over the role from Alain Zweibrucker, who was appointed CEO of AXA UK Retail on January 1st.

The Board of Directors of AXA Switzerland has appointed Volker Reinthaler as the new Chief Financial Officer and member of the Executive Board as of March 1, 2024. The 47-year-old has been the company’s Chief Risk Officer since 2021. Before that, he headed pricing and controlling in the property insurance business for four years after the former Senior Market and Credit Risk Manager at the AXA Group joined the Swiss subsidiary in 2012 as Head of Asset Management Liability. Before joining AXA, Volker Reinthaler worked at JP Morgan and Goldman Sachs in London.

Volker Reinthaler studied economics in Konstanz and Bonn and received his doctorate in quantitative economics in Barcelona, ​​Spain, in 2005. The Swiss-German dual citizen has been living in the city of Zurich with his family for almost 15 years.

Volker Reinthaler succeeds Alain Zweibrucker, who was appointed CEO of AXA UK Retail on January 1, 2024.

«I am very pleased that we were able to find an internal successor in Volker Reinthaler as our new CFO. With his broad international experience and high level of expertise in all financial matters, his impressive track record and his widely respected, integrative personality, he has the ideal qualifications for this key position. I congratulate Volker on his career move and wish him much joy and success in his new role,” says Fabrizio Petrillo, CEO of AXA Switzerland.

Petrillo continued: “I would like to thank Alain Zweibrucker for his great contributions to AXA Switzerland. As an extremely capable and very committed CFO, he has set numerous important trends over the last seven years and has played a significant role in shaping our company. For example, he and his team played a central role in our strategic realignment in the BVG business, positioned and established our asset management as a provider in third-party business, successfully implemented various capital management initiatives, completed the switch to the new IFRS 17 accounting regulations and were involved As much discipline as a sense of proportion ensured that we reliably achieved our growth and earnings targets. The appointment of Alain as CEO of AXA UK Retail shows what a talent factory AXA Switzerland is, and I wish him all the best in his new role.”

The appointment of Volker Reinthaler as CFO is subject to the necessary regulatory approvals.

Source: AXA
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