Zurich Insurance Group has promoted from within to fill the position that was left vacant after Amanda Blanc resigned from the group last week.
Group chief risk officer Alison Martin assumes the chief executive of Emea and bank distribution role with immediate effect, although the appointment is subject to regulatory approval.
She will continue to oversee the group risk management function until a suitable successor has been found.
Relatively recent arrival
Martin joined Zurich in October 2017 and assumed the role of group chief risk officer in January 2018.
She previously worked at Swiss Re for 14 years, where she was head of life & health business management globally for the four years prior to joining Zurich.
Mario Greco, group chief executive, said: “Alison is perfectly suited for this role. She is an enthusiastic leader who combines industry expertise with the right mix of customer focus, people management and commercial experience.
“She is a mature leader with a strong international background. I am confident she will successfully expand our capabilities to meet customer needs in the region. She knows our culture, she knows our business and is well suited to take our Emea business to the next level.”