Guido Fürer, Swiss Re’s group chief investment officer, is departing the business after 25 years of service, 10 of which he spent as CIO.
In 1997, Fürer joined Swiss Re as the managing director for new markets. He joined the private equity division in 2001. Three years later, he proceeded to work in asset management, where he was responsible for tactical asset allocation.
In 2012, Fürer was designated CIO, and he continued to supervise the asset management group in that capacity. By 2019, he has expanded his duties as Swiss Re’s Switzerland country president and chairman of the Swiss Re Strategic Council.
“After a rewarding 35-year career in finance, I wish to spend more time with my family and concentrate on my charity work on several foundation boards,” Fürer stated.
Fürer will be laid off on March 31, 2023.
“We understand and appreciate Guido’s decision, but we will miss him and the hard effort he put in for the firm,” said Swiss Re CEO Christian Mumenthaler. “Guido has also maintained Swiss Re’s position as one of the most significant components of Switzerland’s financial hub.”
“I’d like to congratulate Guido Fürer on behalf of the Swiss Re board of directors for his enormous contribution to the group’s success over the last 25 years,” said Sergio Ermotti, chairman of the board. “I wish him well in anything he does in the future. Guido will continue to serve the organization with zeal and passion until the shift occurs. His commitment to the success of his team and the organization will assist us in ensuring that the transition happens smoothly.”