News release, Zurich, February 08, 2017

Zurich proposes Catherine P. Bessant for election to the Board of Directors

Zurich Insurance Group (Zurich) announced today the Board of Directors will propose to shareholders to newly elect Catherine P. Bessant to the Board for a one year term of office. The election will take place at the Annual General Meeting on March 29, 2017.

Bessant has been Chief Operations and Technology Officer at Bank of America since 2010. She has held a wide range of leadership roles at Bank of America, driving significant growth as the firm has evolved into one of the world’s leading financial services companies. She has held a number of corporate board positions and is widely recognized for her leadership in business and in the financial services and technology industries, as well as for her contributions to community and civic life.

Tom de Swaan, Chairman of the Board of Directors of Zurich, said: “We are delighted that Catherine P. Bessant has accepted our nomination to join the Zurich Board. Her core strengths, experience and constituency management capabilities make her an ideal candidate.”

All the current board members will stand for re-election for another one-year term. Subject to the re-election and election of the members of the Board by shareholders, the Board of Directors of Zurich will consist of the following members: 

The invitation to the Annual General Meeting and the Annual Report 2016 will be published on on March 3, 2017.

Further information

More information about the Corporate Governance structure can be found via the following link: 


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Zurich Insurance Group (Zurich) is a leading multi-line insurer that serves its customers in global and local markets. With about 54,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information about Zurich is available at


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