Munich Re Supervisory Board decides on changes to the Board of Management

07/23/2025

Group

At its meeting today, Munich Re’s Supervisory Board decided on a change in leadership at Munich Re and further changes to the Board of Management.

Dr. Joachim Wenning (60), Chair of the Board of Management, after careful consideration has announced that for personal reasons he does not wish to continue in his role on the Board of Management beyond 31 December 2025. He instead has decided to retire upon completion of the Ambition 2025 strategy programme.

Dr. Christoph Jurecka (50) has been appointed to succeed him as Chair of the Board of Management, with effect from 1 January 2026. Dr. Jurecka has been with the Group since 2011, initially as a member of the Board of Management of ERGO Group AG. In 2019, he joined Munich Re’s Board of Management as Chief Financial Officer (CFO).

Moreover, the Supervisory Board has appointed Andrew Buchanan (47) to the Board of Management, with effect from 1 January 2026. He will succeed Christoph Jurecka as CFO of Munich Re. Originally from South Africa, Mr. Buchanan joined Munich Re in 2011 and has been CFO of the reinsurance field of business since 2017.

Furthermore, Robin Johnson (57) has been appointed to the Board of Management, with effect from 1 August 2025. He will assume the new role of Munich Re’s Chief Technology Officer (CTO). Mr. Johnson, originally from the United Kingdom, has been with the Group since 2017 as Chief Information Officer for the reinsurance field of business. In 2023, he assumed an additional role as CTO on the Board of Management of ERGO Group AG. Mr. Johnson is also Chair of the Board of Management of ERGO Technology & Services Management AG.

The Supervisory Board expresses its gratitude to Joachim Wenning both for his outstanding performance over the decades he has worked at Munich Re and for his eight-year tenure at the helm. Dr. Wenning will be succeeded by Christoph Jurecka who has extensive experience in all primary insurance and reinsurance activities of the Group in addition to his recognised expertise in finance. The changes to the Board of Management set the course for Munich Re's sustained success.

Dr. Nikolaus von Bomhard

Chair of the Supervisory Board

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. Munich Re leverages its strengths to promote its clients’ business interests and technological progress. Moreover, Munich Re develops covers for new risks such as rocket launches, renewable energies, cyber risks and artificial intelligence. In the 2024 financial year, Munich Re generated insurance revenue of €60.8bn and a net result of €5.7bn. The Munich Re Group employed about 44,000 people worldwide as at 31 December 2024.

Disclaimer
This media release contains forward-looking statements that are based on current assumptions and forecasts of the management of Munich Re. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development of our Company, in particular the results, financial situation and performance. Munich Re assumes no liability to update these forward-looking statements or to conform them to future events or developments.