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Swiss Life CEO to Step Down

Swiss Life Holding mentioned Patrick Frost has determined to step down as chief govt on the group’s annual normal assembly in May subsequent yr, after 10 years on the helm of the insurer.

The firm mentioned Monday that Matthias Aellig, at the moment chief monetary officer, would succeed Frost as CEO as of May 16, 2024. Marco Gerussi, who served as head of finance transformation since 2018, will substitute Aellig as CFO.

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