Zürich, 17 August 2023
Ad hoc announcement pursuant to Art. 53 LR 

Markus Leibundgut, CEO of Swiss Life Switzerland, is temporarily stepping down from operations due to cancer. Roman Stein, Chief Financial Officer of Swiss Life Switzerland, will take over the management of the Swiss market unit on an interim basis.

Markus Leibundgut, CEO of Swiss Life Switzerland, has been diagnosed with bowel cancer. He would like to concentrate entirely on his treatment and recovery process and is therefore relinquishing his position as CEO of the Swiss market unit on a temporary basis. His treatment will continue into the first quarter of 2024 and he will thus be absent during this period.

“On behalf of the entire company, I sincerely wish Markus a speedy recovery,” says Patrick Frost, CEO of the Swiss Life Group.

The Swiss Life Board of Directors has appointed Roman Stein as CEO ad interim of Swiss Life Switzerland until Markus Leibundgut’s return in the first quarter of 2024. He will also retain his function as CFO of the market unit.

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Swiss Life
The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.

Swiss Life Select, Tecis, Horbach, Proventus and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.

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 also includes various subsidiaries. The Group employs a workforce of around 10 000 and has at its disposal a distribution network of over 17 000 advisors.

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