Dr. Stefan Pasternak will succeed Dr. Christian Hermelingmeier as chief financial officer (CFO) of HDI Global, industrial lines division of the Talanx Group.
Hermelingmeier will move within the Talanx Group as CFO to Hannover Re, reinsurance business of the group, effective from 1 April 2025.
Pasternak is currently CFO at Munich Re's subsidiary Great Lakes Insurance, a primary insurer specialising in complex risks. He has a 25 year career within the Munich Re Group, 17 of which in leadership positions.
Prior to that, Pasternak was CFO at ERGO Grubu in Turkey and at ERGO DAUM in South Korea.
Torsten Leue, chairman of the Supervisory Board of HDI Global and CEO of Talanx, says: ”Dr. Christian Hermelingmeier has proven his competence and leadership quality impressively on the board of HDI Global. I would like to thank him for his highly successful work and wish him every success for his upcoming challenge within the Talanx Group.
“I wish Dr Stefan Pasternak the best of luck for his task — he is a great fit for HDI Global due to his leadership and expertise.”