Appointments – March 2023

Who are the most recent appointments as directors and C-levels in Belux? This month, three new appointments took place in Luxembourg.

Michele Grosso

As CEO of Democrance, an international insurtech, Michele Grosso joined the Board of Directors of Microinsurance Network in Luxembourg. Microinsurance Network is a non-profit association promoting the development of insurance products to less privileged populations.

In his career, Michele has worked within leading consulting, financial and insurance compagnies such as AXA, BNP Paribas and PWC.

Christine Theodorovics

Christine Theodorovics has been appointed CEO of Baloise Luxembourg. She succeeds Romain Braas. In addition to her new position, the Board of Directors suggested that Christine took over the responsibilities of Baloise Assurances and Baloise Vie Luxembourg.

Holding a master’s degree in Economics from the University of Vienna and a PhD from the University of Gloucestershire, she started her career in the insurance sector by joining Swiss Life as Head of Operational Excellence. She then joined Zurich Insurance, where she headed Zurich Deutschland. After that, she moved to AXA Group as Chief Strategy Officer for the Italian, German and Belgian markets.

Christine is also a member of the supervisory board of Athora Deutschland and Hansard Global Plc.

Bart De Smet

Bart De Smet has been appointed Chairman of the Corporate Governance Committee, which was set up on the initiative of the FSMA, the FEB and Euronext Brussels. He succeeds Thomas Leysen.

Graduated with a degree in Actuarial Science and a postgraduate degree in Managerial Science, Bart De Smet has a considerable experience in corporate governance. Indeed, he has been a member of the Board of Directors of the Commission since 2016, is Chairman of the Board of Directors of Ageas, is a member of the Board of Directors of GUBERNA and is Chairman of the FEB.

Christian Strasser

Christian Strasser, current CEO of Lalux, has been appointed Chairman of the professional association of Luxembourg insurers and reinsurers for a two-year term. He succeeds Marc Lauer.

Christian started his career at Banque Internationale à Luxembourg (BIL) and joined its management committee in 2010. Five years later, he joined Lalux. Christian had already been Chairman of the association from 20108 to 2020.

Sources:

• Atlas Magazine, Microinsurance Network accueille Michele Grosso au sein de son conseil d’administration.
• Paperjam, Christine Theodorovics à la tête de Baloise
• Communiqué de presse, Thomas Leysen passe le relais à Bart De Smet à la présidence de la Commission Corporate Governance
• Paperjam, Christian Strasser prend la présidence de l’Aca