Zurich has announced that it is to do away with the role of chief administrative officer (CAO) and will instead integrate specific areas of that office’s responsibility into other functions. As part of this restructuring at global HQ, group general counsel Yannick Hausmann will be appointed to the group executive committee (GEC).
Zurich will further appoint a chief of staff, who will take over some of the administrative functions formerly assigned to the CAO. Kristof Terryn, group head of operations, has agreed to take on this responsibility in addition to his current role until the position can be filled.
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