LONDON (ShareCast) - Catlin has named Benjamin Meuli as its finance boss-in-waiting, although he won't replace Chris Stooke at the insurer and underwriter until the end of October.
Meuli has been appointed to the board from today
along with Robert Gowdy who becomes an independent non-executive director.
"Their experience in the insurance and financial services sectors will greatly benefit the group," said Catlin chairman Graham Hearne.
After 20 years in charge of European debt capital markets at investment bank JP Morgan, Meuli joined rival Morgan Stanley (NYSE: MS - news) as managing director with responsibility for asset and liability management issues linked to large multinational insurers.
He then served as chief investment officer at Swiss reinsurer Swiss Re (Virt-X: RUKN.VX - news) between 2004 and 2008.
Stooke announced earlier this month that he was leaving after six years at the company.
"I feel it is time to seek new challenges," Stooke said. He oversaw the firm's £540m stock market float in 2004.
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