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.