Stefan Loacker is stepping down as Chief Executive Officer (CEO) of Helvetia Group by 31 August 2016. The 47-year-old has been at the company since 1997 and took on the position of CEO in September 2007. Under his management, Helvetia has significantly enhanced its market position as an international insurance group both at home and abroad and improved its profitability, whereby premium volume has increased from around CHF 5 billion to more than CHF8billion. In Switzerland Helvetia is today the number 3 among insurers.
“After the largely completed integration of Nationale Suisse and the successful launch of the helvetia 20.20 strategy, now is the right time after 20 years at Helvetia, including almost ten as CEO, to seek a new professional challenge”, Stefan Loacker said.
Dr. Pierin Vincenz, President of the Board of Directors, thanked the long-serving CEO for his dedication and extremely successful work: “Under Stefan Loacker’s leadership, Helvetia Group has experienced highly positive development. With the helvetia 20.20 strategy, Stefan Loacker has taken important steps towards securing a successful future for the company. He will be handing over a strong and sound company to his successor.”
As of 1 September 2016, the management of Helvetia Group will be in the hands of 53-year-old lawyer Dr. Philipp Gmür. He is a skilled and experienced leader who has been making a major contribution to the company’s success since 2003 as Chief Executive Officer of Helvetia Switzerland and as a Member of the Executive Management of Helvetia Group. As such, he has formed Helvetia Switzerland into a very profitable unit and vigorously pursued its further development through organic growth and acquisitions. “Philipp Gmür has gathered more than 20 years’ experience in the insurance industry and made key contributions to the development of the helvetia 20.20 strategy. He is the ideal person to push ahead with the successful course Helvetia Group is pursuing”, Dr. Pierin Vincenz said. The succession planning for Helvetia Switzerland is in progress and will be announced at a later date.
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