The Board of Directors of the Swiss Financial Market Supervisory Authority FINMA has named Birgit Rutishauser as Head of the Insurance division and a member of the FINMA Executive Board. She will succeed Peter Giger, who is leaving FINMA. The 46-year-old mathematician and actuary will take up her new role on 17 September 2018.
Peter Giger is leaving FINMA at his own request to pursue a new professional challenge. He has been Head of the Insurance division since 1 October 2014 and was also Deputy CEO of FINMA.
The FINMA Board of Directors has named Birgit Rutishauser as the new Head of the Insurance division and a member of the Executive Board with effect from 17 September 2018. The 46-year-old mathematician and actuary has managed the Risk Management section of the Insurance division since June 2016. Prior to joining FINMA, Birgit Rutishauser spent many years working in a variety of management roles within the insurance sector, most recently as Chief Underwriting & Risk Management Officer at Nationale Suisse and, as such, a member of the Group Executive Management Board. Birgit Rutishauser is a Swiss citizen.
FINMA CEO Mark Branson: “I would like to thank Peter Giger for all the work he has done for FINMA over the years. He introduced significant changes in insurance supervision and gave the division a new organisation and focus. Under his leadership, the model landscape for the Swiss solvency system for insurers was extensively renewed and supervision became more effective and risk-oriented. We very much regret his decision to leave FINMA and wish him every success in the future. At the same time, we are delighted to have a proven insurance expert in Birgit Rutishauser as his successor. She has industry experience and in-depth knowledge of FINMA's organisation and processes."
The Insurance division has about one hundred employees and is responsible for supervising in the region of 200 insurance companies and insurance groups/conglomerates.
Tobias Lux, Media Spokesperson
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