NU Online News Service, Jan. 19, 3:08 p.m. EST

Swiss Re today announces that Michel M. Liès, currently chairman global partnerships, has been appointed by the board of directors as the company's new group chief executive officer as of Feb. 1.

A Swiss Re veteran of more than 30 years, Liès succeeds Stefan Lippe, who announced his decision to step down in December 2011.

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