Zurich EMEA CEO steps down, is replaced by AXA hire
Gary Shaughnessy, Zurich Insurance Group’s CEO Europe, Middle East & Africa (EMEA) is stepping down from his role and as a member of Zurich’s executive committee in the fourth quarter of 2018.
Shaughnessy has decided to step down from a full-time role to ensure a balance of time devoted to health, work, family and personal commitments following his diagnosis several years ago with Parkinson’s disease. He will continue to serve as a member of various European subsidiary boards, including the group’s main legal entity for writing non-life insurance business in Europe, Zurich Insurance.
Shaughnessy had been appointed CEO EMEA in July 2016, after joining the executive committee in January 2016 as CEO Global Life. He originally joined Zurich in 2012 as the CEO of Zurich UK Life.
Shaughnessy will be replaced by Amanda Blanc who is joining Zurich from AXA. Blanc was appointed group CEO of AXA UK & Ireland in July 2016 after having been CEO, AXA UK & Ireland general insurance since January 2016. She joined the board of AXA UK & Ireland in 2011 when she was appointed CEO, AXA insurance commercial lines.
Blanc also sat on AXA’s global property and casualty board and led AXA’s global SME initiative. She is a member of the board of the Association of British Insurers, and currently chairs the insurance fraud bureau and was president of the Chartered Insurance Institute.
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