Hannover Re US reveals successor to CFO and new COO

Hannover Life Reassurance Company of America, the US unit of Germany's Hannover Re, has appointed Clint Thompson to succeed chief financial officer (CFO) David Wheat, who is set to retire in June-end.

The reinsurer has also promoted Lisa Smith to the role of chief operations officer (COO), based in company's Denver, Colorado office.

Wheat is retiring in June after 35-year career in the re/insurance industry. Prior to joining Hannover Re US, he was the CFO at ING Americas, which followed 17 years with EY, ending as a partner in its US insurance practice.

Thompson, prior to assuming the CFO role in January, was chief risk officer for Hannover Re US since 2011. Before that he served as a senior risk officer for AEGON.

Smith joined the company in 2009 as senior vice president of operations when Hannover Re US acquired the ING reinsurance portfolio from Scottish Re. In her new role as COO, she will be responsible for information technology, human resources and the mortality solutions business unit operations.

Peter Schaefer, president and chief executive officer of Hannover Re US, commented: "David has served as CFO since 2010, and his leadership and expertise has been an important contributor to our success. We wish David the very best."

"Clint has done an outstanding job building a first-class risk organisation. I am confident that Clint will add immediate value to the organisation in his new and expanded role," he added.

"With Lisa's excellent track record of operational leadership, combining our operations, information technology and human capital under her guidance will serve our organization well going forward."

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