Charlie Shamieh, Munich Re's chief risk officer, will shortly be relinquishing his position for family reasons.

Charlie Shamieh, Munich Re's chief risk officer, will shortly be relinquishing his position for family reasons.Charlie Shamieh, Munich Re's chief risk officer (CRO), will shortly be relinquishing his position for family reasons and leaving Munich Re by amicable agreement in order to continue his career in the United States. He will be succeeded by Joachim Oechslin, currently deputy CRO of the AXA Group in Paris and previously CRO of the Winterthur Group.Nikolaus von Bomhard, chairman of Munich Re's Board of Management, said: "We fully understand Charlie Shamieh's decision, but regret his departure. He has done a great job, energetically advancing our group's integrated risk management with his team. In Joachim Oechslin, we are delighted to have found a successor who will maintain the high standard already achieved in this area."

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