Zurich Insurance has proposed that shareholders elect Jeffrey Hayman and David Nish to the board for a term of office of one year each.
The election will be held at the annual general meeting on 30 March 2016.
Tom de Swaan, chairman of the board of directors and CEO of Zurich, said: “We are delighted that Hayman and Nish have accepted our nomination to join the Zurich board.”
“Thanks to their profound knowledge of the insurance industry and their experience in two of the most important markets globally, they would ideally complement our board.”
Zurich recently announced that after 10 years on the board, Don Nicolaisen would not be standing for re-election in 2016. Thomas Escher will also step down. Martin Senn agreed to leave his role CEO earlier this month.
De Swaan said: “On behalf of the board and all shareholders, I would like to thank Nicolaisen and Escher for their many years of outstanding service and commitment to Zurich, in particular as chairs of the audit committee and the remuneration committee.”
