Changes to Baloise Board of Directors and new CEO for Belgium

Basel, Belgian Hugo Lasat is to join the Board of Directors of Bâloise Holding Ltd. At the same time, Eveline Saupper has announced that she will not be standing for re-election. Henk Janssen has been appointed new CEO of Baloise Insurance in Belgium.

Nomination of Hugo Lasat

The Board of Directors will propose Belgian Hugo Lasat for election at the Annual General Meeting on 29 April 2016. "After Switzerland, Belgium has become the most profitable market for Baloise in recent years. Electing Hugo Lasat to the Board of Directors is intended to highlight the increasing importance of the Belgian market," said Andreas Burckhardt, Chairman of the Board of Directors of Bâloise Holding Ltd.

Hugo Lasat (51) is the CEO of Petercam Institutional Asset Management based in Brussels. He was previously the CEO of Dexia Asset Management and started his career at an auditing firm and in the asset management division of a bank. Hugo Lasat has gained a wealth of experience in asset management in a number of professional roles and has excellent connections in Belgian business, particularly in the financial market.

Eveline Saupper will not stand for re-election

Eveline Saupper will not be standing for re-election at the next Annual General Meeting. An eminent lawyer and a partner in a leading Swiss law firm, Eveline Saupper has assisted the Group with drive and energy since 1999 using her knowledge and experience in legal and corporate governance issues. She chairs the Remuneration Committee and is a member of the Chairman’s Committee. "The Board of Directors would like to take this opportunity to thank Eveline Saupper most sincerely for her valuable contribution over many years," said Andreas Burckhardt, Chairman of the Board of Directors.

CEO successor in Belgium

The Board of Directors has appointed Henk Janssen, a Dutch national, to succeed Gert De Winter as CEO of Baloise Insurance in Belgium. Henk Janssen has worked for Baloise in Belgium for eleven years, most recently as the CFO of Baloise Insurance in Belgium. Janssen (57) has a long-standing track record in the insurance sector. Before joining Baloise, he held various senior positions at OHRA Bank & Insurance Group in Arnhem and insurer Delta Lloyd NV, as well as elsewhere. He will take up his role as CEO on 1 January 2016.

Headquartered in Basel, Switzerland, the Baloise Group is a European provider of insurance and pension solutions and has positioned itself as a market player that offers an intelligent 'Safety World' prevention strategy. In Switzerland the Company operates as a focused financial services provider, offering a combination of insurance and banking services. It also has a market presence in Belgium, Germany and Luxembourg. Its distribution network includes its own sales organisation as well as brokers and other partners. The Company uses its competence centre in Luxembourg to run its business in innovative pension products for private customers throughout Europe. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange. The Baloise Group employs some 7,400 people.