Geoff Riddell to become chairman.

Zurich has announced that its global corporate chief executive Geoff Riddell is to become chairman of Global Corporate from 1 January, 2009.

Riddell will also assume additional responsibilities overseeing the group’s operations in the Asia-Pacific and Middle East regions.

Mario Vitale, deputy chief executive of the Global Corporate division since July 1, 2008, will become its chief executive.

In a statement, Zurich said the changes are in anticipation of the planned retirement of Patrick O’Sullivan in the spring of 2009 who, in his current role as vice chairman of the group management board and chief growth officer, has been leading the transition of Zurich’s international operations.