Zurich Financial Services has finally appointed a successor to Rolf Hüppi. The group announced today the appointment of James J. Schiro chief executive of the group, to take effect from 17 May.
Schiro joined the group in March as chief operating officer - group finance. He was formerly chief executive of PricewaterhouseCoopers.
Hüppi will now step down as chairman and chief executive, as previously announced.
The board also announced it has invited Markus J. Granziol to join the board as a non-executive member.
He is expected to keep his current position as chairman of UBS Warburg until the end of August so the approval of shareholders is thought likely to be sought at the annual general meeting in 2003.
