Changes to the Corporate Executive Committee of Baloise Group

Media information

Changes to the Corporate Executive Committee of Baloise Group

Basel, 28 August 2019. After more than 20 years with Baloise, Thomas Sieber, Head of the Corporate Centre, will be leaving the Corporate Executive Committee in summer 2020 to start his own business. The responsibilities of the Corporate Centre will be distributed to other divisions.

Thomas Sieber has achieved a lot at Baloise over more than 20 years, most recently during a twelve-year spell as a member of the Corporate Executive Committee and Head of the Corporate Centre, working on the important areas of cultural change and strategic innovation. For example, one of Germany's leading insurance fintech companies, Friday, was launched under his stewardship. He also oversaw the implementation of important cultural transformation measures at Baloise designed to make the company one of the industry's most attractive employers.

"I am very sad that Thomas Sieber is leaving Baloise. As Head of the Corporate Centre, he was a central figure on many large and crucial Group projects. We are losing an experienced and innovative colleague who has made a significant contribution to the company's success. On behalf of the Corporate Executive Committee, I wish him all the best and every success in his future venture as a self-employed executive coach and board consultant," said Gert De Winter, Baloise Group CEO.

Thomas Sieber will continue as a member of the Corporate Executive Committee and Head of the Corporate Centre until summer 2020. His place on the Corporate Executive Committee will not be filled. The Group Strategy & Digital Transformation, Group HR, Group Legal, Tax and Compliance divisions will fall under the remit of the Group CEO. Mergers & Acquisitions, Group Procurement and Run-off will become the responsibility of the Group CFO.

Further information

• Media information at www.baloise.com

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The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,200 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel 'simply safe'. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.

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