Swiss Re has introduced its appointment of Velina Peneva (pictured) as group chief funding officer.
Peneva, whose appointment is efficient April 01, 2023, can even be a part of Swiss Re’s group government committee. She succeeds Guido Fürer, who’s retiring after serving Swiss Re for 25 years.
Currently the co-head of consumer options & analytics in Swiss Re’s asset administration unit, Velina additionally beforehand served as the top of the corporate’s personal fairness funding mandate. Prior to becoming a member of Swiss Re in 2017, she labored for Bain & Company within the US, Australia, and Switzerland. At Bain & Company, she most just lately served as associate and chief for the personal fairness and institutional investor practices in Zurich.
“We’re pleased that with Velina Peneva, we’ve been able to find a capable internal candidate to lead our asset management unit forward,” mentioned Swiss Re group chief government officer Christian Mumenthaler. “Velina has a really robust observe file each inside and outdoors Swiss Re. She brings a mixture of deep monetary market experience, strategic and funding expertise, confirmed management capabilities and a well-established trade community.”
Last December, Swiss Re Corporate Solutions named Allen Kwan as head of buyer and distribution administration for North America. In his new position, Kwan will oversee the corporate’s buyer and dealer distribution technique for the US and Canada.