Zurich Financial Services Group announced today that Inga Beale, a former chief executive officer for Converium, was named head of its Organizational Transformation Management and Mergers & Acquisitions unit.

Ms. Beale, 44, is due to join the company on Jan. 1, 2008.

She will be a member of the group management board and will oversee the group's operational improvement program, The Zurich Way, the Zurich, Switzerland-based insurer said. She will also oversee the group's mergers and acquisitions function.

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