Swiss Re has named Jerome Jean Haegeli as group chief economist, succeeding Kurt Karl who is set to retire at the end of the year.
Haegeli will assume his new role on 1 January 2018 and will be responsible for guiding the company's economic research, associated forecasts and consulting, as well as accelerating Swiss Re's thought leadership in bolstering long-term investing and financial resilience.
He will report to Jeffrey Bohn, director of the Swiss Re Institute.
Haegeli succeeds current group chief economist Kurt Karl, who has held the role since 2011 and has served a total of 17 years at the company, having initially joined Swiss Re in 2000 as chief economist of the Americas, based in New York.
In his current role, Haegeli is Swiss Re's head of investment strategy at group asset management. He began his career at Swiss Re in 2008. Prior to joining the company he held senior roles at Bank Julius Baer, the International Monetary Fund's (IMF) Executive Board, the Swiss National Bank and UBS Warburg.
He is a member of a number of committees at the World Economic Forum, the Institute of International Finance and the European Financial Services Roundtable, with a special focus on long-term investment, infrastructure and financial resilience topics.
Bohn said: "We are excited to have Jerome joining the Swiss Re Institute as Group Chief Economist. He brings with him deep experience and expertise in financial markets, international economics and central bank policy. This background makes him well qualified to steer our macro-economic research agenda."
"He can build on the success and strong reputation of our economic research and consulting work. For these achievements, we would like to thank Kurt Karl – especially for his commitment and leadership as Group Chief Economist over the past six years."
Bohn added: "All our research plays a pivotal role in providing our clients with a differentiated service offering with the goal to support them in making informed decisions on how to steer their business in a fast changing insurance market environment."