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Zurich confirms second senior Middle East departure

By Kirsten Hastings, 15 Jul 21

Following news that Walter Jopp is to step down

Reena Vivek, senior executive officer of Zurich Workplace Solutions (ZWS), is to leave the company, a spokesperson confirmed to International Adviser.

Vivek has been with Zurich for almost nine years and made the decision earlier this year to leave at the end of July, “to fulfil her desire, after a successful career, to step out of the corporate environment and spend more time on things she’s passionate about, like travel”.

During that time, she was responsible for building ZWS “from scratch to a successful organisation”, the spokesperson added.

Vivek is the second senior departure confirmed in recent weeks, following news that Walter Jopp, chief executive of Zurich’s life business in the Middle East, is also leaving at the end of July.

Handing over the baton

Succeeding Vivek as senior executive officer at ZWS is Sajeev Nair, who joins the Middle East business from Zurich Group, Switzerland.

He has over 25 years’ senior leadership experience in insurance, systems integration and management consulting.

He was seconded to ZWS in April 2021 to support its expansion. His appointment was approved by the Dubai Financial Services Authority (DFSA) in June.

“Over the last few months, Reena and Sajeev have worked closely together to ensure a smooth transition”, the spokesperson said.

With chief executive Peter Huber set to assume Jopp’s responsibilities until a successor is appointed, the spokesperson added that Zurich’s “commitment to all stakeholders – regulators, customers, employees, industry bodies, partners and insurance community at large – remains stronger than ever”.

“And Zurich is well positioned to deliver on our strategy to be the domestic life insurer of choice in the Middle East,” the spokesperson added.

Tags: UAE | Walter Jopp | Zurich

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.