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Thomas Buess to become new Chief Financial Officer of the Swiss Life Group

20.05.2009

The Board of Directors has appointed Thomas Buess as the Swiss Life Group’s new Chief Financial Officer and Member of the Corporate Executive Board. The 52-year-old economist will join Swiss Life from the Allianz Group where he is currently Head of Operational Transformation. Prior to this, he held various management roles at Zurich Financial Services Group over the course of fifteen years, including the positions of CFO and COO in Switzerland and abroad.

Thomas Buess has a broad range of experience in the insurance industry on a national and international level. Following his studies in business administration and economics at the University of St. Gallen and a research position at the Institute of International Economics, he began his insurance career at the former ELVIA Group. In 1994 Thomas Buess joined Zurich Financial Services as Chief Financial Officer and Member of the Executive Committee of the Swiss P&C business unit, and, in 1997, was promoted to Chief Financial Officer of all Swiss operations. In 1999 he became the Chief Financial Officer of Zurich’s North America business unit in the US. He subsequently assumed the position of Group Chief Financial Officer and Member of the Group Management Board. He was Chief Operating Officer of Zurich Financial Services Global Life and responsible for the turnaround of the life insurance business throughout the Group before moving to the Allianz Group. Thomas Buess will take up his new position at the Swiss Life Group in the course of the third quarter of 2009. He succeeds Thomas Müller, who, as previously announced, is leaving the company at the end of June 2009.

“Thomas Buess is an experienced CFO and insurance manager who will strengthen our management team,” commented Bruno Pfister, Chief Executive Officer. “With his in-depth knowledge of the international life insurance business and his wide-ranging experience of managing transformation processes, especially with regard to productivity and efficiency improvements and the shift towards unit-linked life insurance products, he will make a significant contribution to our Group’s further success.”

Curriculum vitae of Thomas Buess

Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. In Switzerland, France and Germany, the Group offers individuals and corporations comprehensive advice and a broad range of products through its own sales force as well as brokers and banks. Swiss Life provides international corporations with employee benefits solutions from a single source, and is one of the global leaders in structured life and pension products for international high net worth individuals.

The AWD Group has been part of the Swiss Life Group since 2008. Hanover-based AWD is one of the leading European financial services providers in the medium- and high-income client segments and offers its clients independent financial advisory services in ten countries.

Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 9000.
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This publication contains specific forward-looking statements, e.g. statements including terms like “believe”, “assume”, “expect” or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other important factors which may result in a substantial divergence between the actual results, financial situation, development, performance or expectations of Swiss Life and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers are cautioned that these statements are only projections and that no undue reliance should be placed on such forward-looking statements. Neither Swiss Life nor any of its directors, officers, employees or advisors nor any other person connected or otherwise associated with Swiss Life makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this publication. Neither Swiss Life nor any of the aforementioned persons shall have any liability whatsoever for loss howsoever arising, directly or indirectly, from any use of this information. Furthermore, Swiss Life assumes no responsibility to publicly update or alter its forward-looking statements or to adapt them, whether as a result of new information, future events or developments or any other reason.
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