Baloise nominates Karin Keller-Sutter as a member of the Board of Directors

Basel, The Board of Directors of Bâloise Holding Ltd will propose to the Annual General Meeting being held on 2 May this year that Karin Keller-Sutter be elected to the Board of Directors. She will replace Hansjörg Frei who, owing to his age, is stepping down from the board.

"We are delighted to be able to propose to the AGM that Karin Keller-Sutter – one of the most high-profile politicians in Switzerland – be elected to the Board of Directors of Bâloise Holding Ltd", commented Andreas Burckhardt, Chairman of the Board of Directors, on this nomination.

Karin Keller-Sutter (49) is a Swiss national and lives with her husband in Wil in the canton of St. Gallen. She holds a university degree in translation and conference interpreting and started her political career in 1992 when she became a local councillor in Wil. After serving for twelve years on St. Gallen's cantonal governing council, which she chaired in 2006/07 and again in 2011/12, she was elected at the Swiss federal elections in 2011 to represent the canton of St. Gallen on the Council of States – the upper chamber of the Swiss parliament – where, among other things, she sits on the Committee for Economic Affairs and Taxation and on the Committee for Social Security and Health.

In addition to the political functions that she performs, Karin Keller-Sutter sits on the boards of directors at the NZZ media group and Pensimo Fondsleitung AG. She is an executive director of the Swiss Retail Federation, a member of the Executive Committee of the Swiss Employers' Federation, and Vice-Chairwoman of the St. Gallen Foundation for International Studies.

Hansjörg Frei has announced that he will be stepping down from the Board of Directors of Bâloise Holding Ltd at the 2013 Annual General Meeting on 2 May this year. As a member of the Chairman's Committee, the Investment Committee and the Audit Committee, he has made a substantial contribution to the Company's success and strategic development. Baloise would like to thank him for his valuable and committed support on the Board of Directors of Bâloise Holding Ltd and wishes him the very best for his future.

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,300 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.