Stefan GOLLING (44) was appointed by the Supervisory Board of Munich Reinsurance Company to the Munich Re Board of Management as of 1 January 2021. He will take over the management of the Global Clients and North America Division.

Dr. Peter ROEDER, the former manager of the division, has chosen to step down from the Board of Management at the age of 60 on 31 December 2020. The Board of Management and the Supervisory Board thank Dr. ROEDER for his more than 30 years of work at Munich Re, 14 of which he spent on the Board of Management.

Stefan GOLLING started his career at Munich Re after earning his Mathematics degree at the University of Augsburg, Germany, in 2001. He worked in various underwriting positions before serving as General Manager Non-Life for several years in Sydney, Australia. Mr. GOLLING has been the Company's Chief Underwriter and Head of Corporate Underwriting since 2015. In addition to heading the Global Clients and North America Division, Mr. GOLLING will also oversee the US subsidiaries HSB and AMIG, as well as the Lloyd's and Bermuda markets.