VIG Re faucets vice-chairman for board of administrators

VIG Re, the reinsurance arm of Vienna Insurance coverage Group, has introduced the elevation of Tobias Sonndorfer to the position of vice-chairman of the board of administrators, efficient February 1, 2024.

Sonndorfer was famous as a distinguished determine within the reinsurance subject, with a profession spanning over 17 years in monetary companies and reinsurance. He joined the board of administrators at VIG Re on January 1, 2023.

In line with his LinkedIn, his earlier tenure at Munich Re was marked by important achievements, together with his position as consumer administration govt, the place he managed relationships throughout Central and Jap Europe, Southeastern Europe, Austria, Switzerland, Belgium, and Luxembourg.

Sonndorfer’s expertise additionally consists of key positions in managing each conventional and progressive reinsurance options on a world scale. Previous to becoming a member of Munich Re, he was a senior advisor at PwC in Germany. Sonndorfer is an alumnus of OTH Regensburg in Germany and holds a Chartered Monetary Analyst (CFA) designation.

In his expanded position, Sonndorfer will lead the corporate’s govt committee whereas persevering with to supervise VIG Re’s strategic route, digital transformation initiatives, intragroup cessions, and outgoing reinsurance actions.

“Since Tobias joined VIG Re, he has persistently demonstrated excellent management abilities. His expanded obligations replicate the important thing position he’ll play in reaching our strategic ambitions, bringing VIG Re to the subsequent stage as a trusted {and professional} associate,” VIG Re CEO and board chairman Martin Hartmann stated.

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