LONDON--(BUSINESS WIRE)--
ACE Group today announced two appointments within its European
management team, with immediate effect.
Drazen Jaksic, currently Executive Vice President for Combined Insurance
in Europe and Asia Pacific, has been appointed to the role of Senior
Vice President, Accident and Health for Europe and Eurasia and Africa.
In his new role, Drazen will be responsible for the performance and
future development of ACE’s accident and health and life business across
these regions. Drazen succeeds Pat Drinan, who has decided to move on
from ACE after almost 13 years with the company.
Drazen has more than 20 years of insurance industry experience in both
the UK and Continental Europe. After working in various senior
management roles, including at GE Capital and Prudential UK, he joined
ACE in July 2012 as General Manager for Combined Insurance, Europe and
subsequently assumed additional responsibility for Combined’s businesses
in the Asia Pacific region. In his new role, Drazen will continue to be
based in London, reporting to Andrew Kendrick, President of ACE European
Group and Edward M. Levin, Senior Vice President, ACE Group, and
Division President, Accident and Health, for ACE Overseas General.
Rahim Firozali, currently General Manager of Combined Insurance in
Portugal has been promoted to the role of General Manager for Combined
in Europe, succeeding Drazen Jaksic. In his new role, Rahim will be
responsible for the performance and future development of the Combined
Insurance’s European operations, which currently include businesses in
the UK, Portugal and Germany.
Rahim joined Combined Insurance 18 years ago after working in investment
banking. In 2010, he was appointed as General Manager for Combined in
Portugal and legal representative for the Portuguese branch of ACE
European Group Limited. In his new role, Rahim will continue to be based
in Portugal and to lead the Combined Portugal business. He will report
to Andrew Kendrick, President of ACE European Group, with a matrix
reporting line into Brad Bennett, President of Combined Insurance.
Andrew Kendrick, President of ACE European Group, said:
“2015 ends on a high note, with two great appointments within our
European senior management team. Drazen’s energy and drive in leading
Combined in Europe, and his deep understanding of the consumer insurance
market gained throughout his career, make him well placed to head our
important regional accident and health business. For his part, Rahim’s
extensive experience of our Combined businesses and his ability to drive
growth In Portugal throughout a challenging time for the economy equip
him strongly for his new role. I look forward to working with them both
in their new positions.”
“Drazen succeeds Patrick Drinan, who leaves the company with our sincere
thanks for his significant contribution to our property and casualty and
accident and health businesses in Europe over more than a decade of
service. All of us on the European executive team wish him well for the
future.”
ENDS
About ACE:
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of the ACE
Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a
component of the S&P 500 index.
Visit www.acegroup.com/eu
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Source: ACE Group