Leading insurance industry body appoints Denis Duverne as new Chairman
News
Group, March 13, 2007
Denis Duverne, CFO of AXA
The Chief Financial Officers of Europe's leading insurers today announced that Denis Duverne, CFO of AXA, has been elected as the new Chairman of the CFO Forum. Denis Duverne succeeds Dr Helmut Perlet, CFO of Allianz, who has led the group since January 2005 and is stepping down as his two year appointment comes to an end.
"The last two years have seen the CFO Forum continue to engage with investors, shareholders and other users of insurers' financial statements to ensure that companies are providing more understandable, comparable, relevant and reliable information", Dr. Helmut Perlet, Chief Financial Officer of Allianz Group and outgoing Chairman of the CFO Forum said today. "The coming years present even more challenges for the European insurance industry and I feel sure Denis Duverne will prove a strong leader. He has my full support and Allianz will continue to contribute to the work of the CFO Forum."
Describing the role of the CFO Forum, Denis Duverne said today that "the insurance industry provides an invaluable service to society as investors, employers and risk absorbers and the aim of the CFO Forum is to enhance the stability, consistency and transparency of insurance reporting for investors and other users of financial reports. Under Helmut Perlet's leadership, the CFO Forum has brought insurance companies from around Europe together in an unprecedented manner and I look forward to continuing to work with my colleagues to reach our objective"