CEO Today Global Awards

Dr. Joachim Wenning was born in Jerusalem, Israel, in 1965. After obtaining a degree in economics at the University of Munich, he joined Munich Re in 1991, where he worked until early 1997 as a treaty specialist with technical responsibility for life reinsurance clients in Germany. Parallel to this, Dr. Wenning wrote his doctoral thesis, for which he was awarded the designation of Dr. oec. publ. in 1995. At the beginning of 1997, Dr. Wenning transferred to the Group company Hamburg-Mannheimer Versicherungs-AG in Hamburg for two and a half years, during which time he implemented a number of strategic projects to realign marketing and sales. Following his return from Hamburg, Dr. Wenning headed the department “Life Reinsurance Latin America, Southern Europe and the Middle East” from mid-2000 onwards, with responsibility for life reinsurance business in these areas. Following his appointment in May 2005 to the position of CEO of New Re, Geneva, Dr. Wenning took over responsibility for the company’s strategic development, with an expanded mandate for financial solutions in life and health reinsurance and for financial institutions business. Dr. Wenning has been a Member of the Board of Management of Munich Re since 1 Januar 2009. From January 2009 to January 2017, he was responsible for the Life Division, and from October 2013 until April 2017 he was also responsible for the Human Resources division and held the position of Labour Relations Director. Dr. Wenning was appointed Chairman of the Board of Management with effect from 27 April 2017. In addition to his current responsibilities, Dr. Wenning was also responsible for Group Holdings from April 2017 to March 2019. He is currently responsible for Group Strategy and M&A; Group Communications; Group Audit; Economics, Sustainability and Public Affairs; Group Human Resources; Group Executive Affairs, and Group Compliance and Legal. Innovation power, unrivalled expertise in all aspects of risk and a sound financial footing: These are the strengths Munich Re stands for when customers face extraordinary risks. Firm Profile As pioneers in risk assessment, we drive the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyberattacks to pandemics, we take care of risks while you take care of business. Taking on risks worldwide of every type and complexity, the Munich Re Group and its business units are active in all lines of insurance. Our consistent risk management, financial stability, and client proximity make us a much sought-after trusted business partner. With a focus on long-term creation of value the Board of Management and Supervisory Board of Munich Re are dedicated to enabling their organisation to support its customers in staying ahead of emerging risks in a complex world. With innovative strength and entrepreneurial power, Munich Re expands and enhances its core businesses while making its organisation leaner, more profitable and more digital. Munich Re adopts a forward-looking, prudent and responsible approach to handling risks. For over 135 years, Munich Re has created long- term value by assuming a diverse range of risks around the world. We are convinced that this business concept will continue to be successful in the future through sustainable action. Responsible corporate governance that reconciles economic, environmental and social requirements forms the basis to this approach. Our business is the assumption and diversification of risks in primary insurance and reinsurance. CEO Today Global Awards 2020 GERMANY 21