Zurich Promotes Two Executives and Expands its Executive Committee

Zurich Financial Services Group announced Wednesday that it is elevating the role of chief risk officer to Group Executive Committee status and appointing Axel P. Lehmann to the position effective Jan. 1.Also on Jan. 1, Mike Foley will succeed Lehmann as chief executive officer of Zurich’s North America Commercial (NAC) division, and he will become a member of the Group Executive Committee. Zurich said Lehmann brings extensive operational experience to the new role, which reflects the elevated importance attributed to the c...