Axel P. Lehmann

Chief Risk Officer and
Regional Chairman of Europe

Axel P. Lehmann

Skills and experience

Axel P. Lehmann (born 1959, Swiss Citizen) worked as a project manager and research associate at the Institute for Insurance Economics at the University of St. Gallen. In 1989, he was appointed as a lecturer in business administration at the University of St. Gallen and in 1990 as vice-president and head of Consulting and Management Development at the Institute for Insurance Economics and the European Center. In 1994, he served as a visiting professor at the Bocconi University in Milan, Italy before assuming the position of head of Corporate Planning and Corporate Controlling at Swiss Life in Zurich. Mr. Lehmann joined Zurich in 1996 as a member of the Executive Management team of Zurich Switzerland and subsequently acted as head of corporate development and head of commercial lines. Mr. Lehmann became a member of the Group Management Board responsible for business development functions in November 2000. In September 2001, he took over responsibility as CEO for Northern, Central and Eastern Europe and subsequently was appointed CEO of the Zurich Group Germany. Mr. Lehmann became a member of the Group Executive Committee and CEO of the Continental Europe Business Division in March 2002. In 2004, he was in charge of the consolidation of the UK, Ireland and South Africa with the Continental Europe division. In September 2004, he became CEO of Zurich American Insurance Company and Zurich North America Commercial business division in Schaumburg, Illinois. In January 2008, he assumed his current role as Chief Risk Officer and assumed additional responsibility for Group IT until 2010. He became Chairman of the Board of Directors of Farmers Group, Inc. from July 2011 and Regional Chairman of Europe from October 2011.

External appointments

Mr. Lehmann is a member of the board of directors of UBS AG and is a member and former Chairman of the CRO Forum. He is an Honorary Professor for Business Administration and Service Management and Chairman of the Board of the Institute of Insurance Economics (I.VW-HSG) at the University of St. Gallen in Switzerland. Mr. Lehmann is also a member of the board of directors of Economiesuisse.

Educational background

Mr. Lehmann holds a PhD and Masters in Economics and Business Administration from the University of St. Gallen, Switzerland where he also received his habilitation. He is a graduate of the Wharton School Advanced Management Program. His doctorate was awarded the Peter Werhahn Prize for the best PhD thesis in the area of management science and academic theory. He did his research study at Harvard Business School and Arizona State University.

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