Munich Re’s Arnoldussen resigns to seek out new challenges

Ludger Arnoldussen, member of the Munich Re board of management with responsibility for Germany, Asia Pacific and Africa, is leaving the company after more than ten years to "seek new challenges", the reinsurer has revealed.

By mutual agreement, Arnoldussen will resign from his position on the board at Munich Re with effect from April 26, 2017.

Hermann Pohlchristoph, who has been with the company since 2002 and is presently the chief financial officer of the reinsurance field of business, has been appointed as successor to Arnoldussen.

Pohlchristoph will be taking on the responsibility for Germany, Asia Pacific and Africa division as well as the central divisions - Central Procurement and Services.

"The board of management and supervisory board of Munich Re would like to thank him (Ludger Arnoldussen) for his great commitment and service to the company, and wish him all the best for the future," the company said.

Meanwhile, as previously announced, the chief executive (CEO) of Munich Re and the chairman of board of management Nikolaus von Bomhard is stepping down from his position from April 26, 2017. He will replaced by Joachim Wenning.

"More than ever, Munich Re is a company embracing change – as demonstrated by our innovation schemes [...] My successor as Chairman of the Board of Management, Joachim Wenning, will continue to drive this change forward," said von Bomhard.

The reinsurer also appointed Renata Jungo Brüngger to its supervisory board as a successor to Wolfgang Mayrhuber, who stepped down from the position in the end of 2016. Mayrhuber was appointed by the Amtsgericht (local court) in Munich in January 2017.

The company said that Brüngger is recommended for election to the supervisory board for the remainder of Mayrhuber’s term of office, until the end of the annual general meeting in 2019.

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