CFO to take on CEO role at Hannover Re

CEO Jean-Jacques Henchoz declines to extend contract opening way for CFO Clemens Jungsthöfel to take over role.

Hannover Re Ceo Cfo @Hannover Re.
(L-R) Outgoing Hannover Re CEO Jean-Jacques Henchoz and Chief Financial Officer Clemens Jungsthöfel.

Hannover Re Chief Executive Officer Jean-Jacques Henchoz has chosen not to extend his expiring contract at his own request, said the company in a press release on Friday.

“He will leave the Executive Board of Hannover Re on 31 March 2025, but will remain closely associated with the company,” it said. “His successor as of 1 April 2025 will be Chief Financial Officer Clemens Jungsthöfel. In his position as CFO, Jungsthöfel had Asset Management responsibility for the company.

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