Michael Paravicini

Chief Information Technology Officer

Michael Paravicini (born 1961, Swiss Citizen) is a member of the Group Manage-ment Board of Zurich Financial Services Ltd (Zurich) and Chief Information Tech-nology Officer. He joined Zurich in January 2003.

Mr. Paravicini started his career as Sales Engineer with Hewlett-Packard in Zurich in 1985. From 1986 to 1987 he worked in the staff department of Credit Suisse Zu-rich, International Commercial Banking, providing support for foreign commercial banking activities. Between 1987 and 1998 he worked for Price Waterhouse Man-agement Consultants AG. During this time he held various positions such as Senior Consultant, Project Manager, Senior Manager, Deputy Director and finally became European Partner in 1995. From 1998 to 2000, Mr. Paravicini worked as Head of Applications Development and Solutions, Divisional Head and Director with Credit Suisse, Zurich. In March 2000, he became Chief Information Officer and Head of Global Operations at Commerzbank's Head Office in Frankfurt and, in September 2000, was promoted to member of the board of managing directors.

Mr. Paravicini was a member of the board of directors of ThyssenKrupp Serv and Entory AG as well as chairman of the board of CommerzNetBusiness.

Mr. Paravicini graduated from Boston University with a Bachelor of Science degree in Business Administration in 1984.