Denis Kessler, Chairman & CEO of SCOR, has been elected 2012 “Financier of the Year”, an award run by ANDESE - the French National Association of Doctors of Economics and Management Science, and the weekly publication Investir-Journal des finances.

 

This award, created in 1984, distinguishes the figure who has contributed the most over the past year to the development of financial activity in France. The nominations are voted on by a jury comprising over 300 members of the French financial community. Denis Kessler received the award for “Financier of the Year” from Jean-Claude Trichet, former governor of the Bank of France and former President of the European Central Bank.

 

Denis Kessler succeeds Augustin de Romanet (2011), David de Rothschild (2010) and René Ricol (2009).

 

 

Jean-Claude Trichet comments: “Denis Kessler's actions at the head of SCOR over the past few years have enabled a reinsurance group that was in serious difficulty when he arrived to become the fifth largest reinsurance company in the world. It is only logical that this exceptional success story be acknowledged with distinction by the Financier of the Year award. It is also remarkable how SCOR coped with the financial crisis, seeing its rating go up twice at a time when that of other financial institutions was falling. On a more personal note, I would also like to salute the constancy and strength of his commitment to the single currency since the outset”.

 

Denis Kessler, Chairman & CEO of SCOR, comments: “I would like to thank ANDESE, Investir-Journal des finances and all the members of the financial community who took part in the vote for this award, and I am particularly happy to receive it from the hands of Jean-Claude Trichet. I see it as recognition of SCOR’s performance over the past few years. The award provides encouragement for all of SCOR’s employees to continue this positive momentum, in a context where the recent acquisition of Generali’s US Life reinsurance business marks a new stage in our development”.