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VIG Re, the reinsurance arm of Vienna Insurance Group, has appointed a seasoned reinsurance expert, formerly of Munich Re, to its board of directors.
Tobias Sonndorfer (Pictured) will join VIG Re’s board with effect from January 1, 2023, expanding the number of members from current three to four.
Sonndorfer, who has over 16 years of experience in financial services and the reinsurance industry, will take over responsibilities for reinsurance business assumed from VIG group business, capital management and retrocession and the further digitalisation of the company.
Prior to joining VIG Re, he worked at Munich Re, lastly as a client management executive, being responsible for CEE, SEE, Austria, Switzerland, Belgium, and Luxemburg. During the last 10 years he held several senior managerial positions within Munich Re, both in traditional and non-traditional reinsurance solutions with strong international focus.
Peter Thirring, chairman of the supervisory board of VIG Re, said: “I am very pleased to welcome Mr. Sonndorfer to VIG Re. He brings highly relevant finance and client management experience from the reinsurance industry, and I am confident that he will be a valuable addition to the Board.”
Johannes Martin Hartmann, the chairman of the board of directors of VIG Re, added: “Tobias’ long history of leadership, coupled with his experience in client management makes him an ideal person for this role.”
Sonndorfer commented: “I feel very privileged to take on this role at such an exciting time for our industry - the needs of VIG Re’s clients, people, shareholders, and other stakeholders are changing continuously.
“VIG Re is dealing with these changes as an innovative and solution orientated partner. I am committed to contribute to VIG Re’s success, to further grow our footprint in the industry and to create a sustainable impact in the industry.”
VIG Re, Tobias Sonndorfer, Board, Appointment, Munich Re, Reinsurance, Capital management, Retrocession, Digitalisation, Czech Republic, Europe