Former Tokio Millennium Re CEO Stephan Ruoff joins Schroder as deputy head of ILS unit

Asset management group Schroder has hired Stephan Ruoff, most recently group CEO of Tokio Millennium Re, as deputy head of its new ILS management unit Schroder Secquaero.

In his newly-created role, Ruoff will focus on developing new solutions focusing on insurance-linked investment strategies. He will assume the position in November.

Ruoff has a broad knowledge of the alternative capital market for reinsurance. He has held various positions at the Munich Re Group between 1997 and 2011, having spent time in Taiwan, Paris and at the Head Office. He then moved to Tokio Millennium Re, where he was initially CEO of the European branch in Zurich, then Group CUO (Worldwide) & head of Europe and ultimately Group CEO since 2015, following the redomiciliation of Tokio Millenium Re from Bermuda to Switzerland.

Schroder Secquaero is part of the Schroders’ private assets business. It resulted from the merger of Secquaero Advisors AG and Schroder Investment Management (Switzerland) AG, following the completion of the full acquisition of Secquaero Advisors AG by Schroders in July 2019.

Andreas Markwalder, CEO Schroder Investment Management (Switzerland) AG said: "The addition of a senior industry leader such as Stephan Ruoff to our team underlines Schroders commitment to being one of the leading institutional providers of investment solutions in the insurance linked solutions marketplace.”

Dirk Lohmann, head of Schroder Secquaero said: "Tam pleased to welcome Stephan to the Schroder Secquaero team as my newly appointed Deputy. His knowledge and experience will help take Schroder Secquaero to the next level as we develop new insurance linked investment solutions and products for our client base.”