Finance
Munich Re CEO Wenning to retire, succeeded by CFO
Published by Global Banking & Finance Review®
Posted on July 23, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 23, 2025
1 min readLast updated: January 22, 2026
Munich Re CEO Joachim Wenning retires, succeeded by CFO Christoph Jurecka. Wenning steps down for personal reasons, with analysts supporting Jurecka's appointment.
FRANKFURT (Reuters) -Munich Re CEO Joachim Wenning will retire by the end of the year and be succeeded by the company's finance chief Christoph Jurecka, the German reinsurer announced on Wednesday.
Wenning, in the CEO role since 2017, decided to step down for personal reasons, Munich Re said.
Analysts with Jefferies wrote in an email that the departure was disappointing but that his successor Jurecka is "well known by investors" with a "deep understanding of the business".
(Reporting by Tom Sims and Alexander Huebner; editing by Matthias Williams)
Corporate governance refers to the systems, principles, and processes by which a company is directed and controlled. It involves balancing the interests of stakeholders, including shareholders, management, customers, suppliers, and the community.
A CFO, or Chief Financial Officer, is a senior executive responsible for managing the financial actions of a company. This includes tracking cash flow, financial planning, and analyzing the company's financial strengths and weaknesses.
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