SCOR’s Board of Directors follows the best practices currently in force, and is involved via its various components in the Group’s Enterprise Risk Management process. Beyond the French legal conditions and rules laid down by the stock market authorities, SCOR’s corporate governance regulations also comply with the recommendations made by the AMF and by the French code of corporate governance.
SCOR’s Board of Directors consists of 12 Directors, of which 10 are independent Directors – of various nationalities and with expertise in finance, insurance, accounting and industry. The Board has been chaired by Denis Kessler since 2002 and governed by internal regulations since 2004. These were last modified on 4 March 2015. The Board met five times in 2014 and has five committees: The Strategy Committee, the Audit Committee, the Compensation and Nomination Committee, the Risk Committee and the Crisis Management Committee.
Chairman and Chief Executive Officer of SCOR SE
Denis Kessler, a French citizen, is a graduate of HEC business school (Ecole des Hautes Etudes Commerciales) and holds a PhD in economics and advanced degrees in economics and social sciences. He was Chairman of the Fédération Française des Sociétés d’Assurance (FFSA), Senior Executive Vice-President and member of the Executive Committee of the AXA Group and Executive Vice-President of MEDEF (Mouvement des Entreprises de France). He joined the Group as Chairman and Chief Executive Ofï¬cer on 4 November 2002.
Lead Independent Director
Claude Tendil, a French citizen, began his career at the Union des Assurances de Paris in 1972. He joined the Drouot Group in 1980 as Chief Operating Officer; he was promoted in 1987 to Chief Executive Officer, and in 1987 was appointed Chairman and Chief Executive Officer of Présence Assurances, a subsidiary of the AXA Group. In 1989, he was appointed Director and Chief Executive Officer of Axa-Midi Insurance, Chief Executive Officer of AXA from 1991 to 2000, then Vice-Chairman of the management board of the AXA Group until November 2001. During this same period, he was also Chairman and Chief Executive Officer of the AXA Group’s French insurance and assistance companies. Claude Tendil was appointed Chairman and Chief Executive Officer of the Generali Group in France in April 2002 and Chairman of the Europ Assistance Group in March 2003.
Employee elected Director
Michèle Aronvald, a French citizen, has more than 37 years seniority within the SCOR Group. She held various positions within the financial management of the Group: Head of the back/middle office and investment accounting and treasury department, Head of the financial reporting control and Head of regulatory financial reporting. She is currently Head of control and process at the Group’s Financial Direction of Investments. In addition, she has already been employee director between 2003 and 2006.
Marguerite Bérard-Andrieu, a French citizen, is a graduate of the Institut d’Etudes Politiques de Paris, of Princeton University (Woodrow Wilson School of International and Public Affairs), and a former student at the Ecole Nationale d’Administration (ENA). She began her career in 2004 as an auditor at the French Treasury in the Inspection Générale des Finances. From 2007 to 2010, she was an advisor to the President of the French Republic on employment and social affairs. From 2010 to 2012, she was the Chief of Staff of the French Minister for social affairs. In July 2012, Marguerite Bérard-Andrieu joined Groupe BPCE, and was appointed Deputy CEO, Member of the Management Committee. In May 2016 she became CEO in charge of the Group Finance, Strategy, Legal affairs divisions and Group Company Secretary. Since March 2013, Marguerite Bérard-Andrieu has been a member of the French High Council of Public Finances.
Thierry Derez, a French citizen, was a lawyer practicing in Paris, before joining the insurance group AM-GMF in 1995, first as Deputy Chief Executive Officer of GMF and then as Chairman and Chief Executive Officer of Assurances Mutuelles de France and of GMF in 2001 and as Chairman and Chief Executive Officer of the group AZUR-GMF in September 2003. He is currently Chairman of the Board of Directors of Assurances Mutuelles de France, of GMF Assurances and Chairman and Chief Executive Officer of Garantie Mutuelle des Fonctionnaires (GMF). He was appointed as director of MAAF Assurances in November 2004 and became its Chairman and Chief Executive Officer in June 2005. Since June 2007, he has been the Chairman of the Board of Directors of MMA IARD Assurances Mutuelles, MMA IARD, MMA Assurances Mutuelles and MMA Mutual Life. Since 2008, he has been Chairman and Chief Executive Officer of Covéa.
Vanessa Marquette, a Belgian citizen, holds a law degree and an economic law degree from the Université Libre de Bruxelles. She also studied law at the University of Michigan Law School and at Davis University and Berkeley University. She has practiced as a lawyer of the Brussels bar since 1995. She specializes in Banking Law and Financial Law and has particular expertise in the areas of Corporate Law, Insolvency Law and Security Interests and Private International Law. She is the managing partner of the business law firm Simont Braun, which she joined in 2005 after having practiced law at the Brussels’ offices of Freshfields Bruckhaus Deringer and Stibbe Simont Monahan Duhot. Vanessa Marquette is a lecturer at the Université Libre de Bruxelles where she teaches International Financial Law.
Bruno Pfister, a Swiss Citizen, admitted to the Bar of Geneva, holder of an MBA from UCLA Anderson School of Management, has been Chairman of the Board of Directors of Rothschild Bank AG as well as Executive Chairman of “Wealth Management & Trust” of Rothschild & Co Group, Vice-President of the Swiss Insurance Association, President and Managing Director of Swiss Life AG Group, Member of the Executive Board of the Crédit Suisse Banking division as well as Financial Director and Member of the Executive Committee of LGT Groupe AG.
Jean-Marc Raby, a French citizen, holds a degree in economics was well as an MBA from HEC. He has spent his entire professional career at the Macif group. He became Regional Director of Macif Centre (a regional Macif entity) in 2000, and was subsequently appointed Deputy CEO of the Macif group, in charge of Economic Management, alongside the CEO, Roger Iseli. In 2012, he was appointed CEO of the Macif group. In June 2014, he was appointed CEO of Sferen.
Augustin de Romanet
Augustin de Romanet, a French citizen, is a graduate of the Institut d'Etudes Politiques in Paris and a former student of the Ecole Nationale d’Administration. He was previously Chief Executive Officer of the Caisse des Dépôts et Consignations, between March 2007 and March 2012, and chaired the Strategic Investment Fund between 2009 and 2012. Prior to that, he was Deputy Finance Director at Crédit Agricole S.A. and a member of the Executive Committee. Before taking up that position, Mr de Romanet served as Deputy Secretary General to the Presidency of the Republic of France, between June 2005 and October 2006, and held responsibilities in various ministerial offices. In particular, between 2002 and 2005, he was Chief of Staff to Alain Lambert, Minister Delegate for the Budget, Deputy Chief of Staff to Francis Mer, Minister for the Economy, Finance and Industry, Chief of Staff to Jean-Louis Borloo, Minister for Employment, Labour and Social Cohesion, and lastly, Deputy Chief of Staff to Prime Minister Jean-Pierre Raffarin. Awarded the Légion d’honneur in April 2007, Augustin de Romanet holds a number of distinctions, notably “Capitalist of the Year” awarded by the magazine le Nouvel Economiste in 2008 and “Financier of the Year” awarded by Minister of the Economy in 2012. Augustin de Romanet has been Chairman & CEO of Aéroports de Paris since 2012.
Representing Groupe Malakoff Mederic
Guillaume Sarkozy, a French citizen, is an engineer by training and a graduate of the Ecole Spéciale des Travaux Publics (ESTP). He began his professional career in 1974 at the Office of Public Safety in the Ministry of the Interior, before joining IBM France as a large corporate accounts manager in 1977. From 1979 to 2005, he was a company leader in the textile industry. Until June 2006, Guillaume Sarkozy exercised a number of responsibilities at the head of professional associations, in particular, the French Textile Industries’ Union (1993-2006), the Industrial Federations Group (2004-2006), CNPF (1994-1998), MEDEF (2000-2006), CNAV (1994-1998), CNAM (2004-2005) and the Conseil Economique et Social (2004-2006). In 2004, he became vice President of the MEDEF and of the CNAM (2004-2005). Guillaume Sarkozy joined Médéric Group in June 2006 and was appointed Group General Manager on 1 September 2006. He was appointed Group General Manager of Malakoff Mederic Group in July 2008 with the merger of the Groups Médéric & Malakoff. Since 2004, he has been a member of the "Haut Conseil pour l'avenir de l'Assurance Maladie".
Kory Sorenson, a British citizen born in the United States, has made her career in finance, devoting the last eighteen years exclusively to the management of capital and risk in insurance companies and banking institutions. As Managing Director, Head of Insurance Capital Markets at Barclays Capital in London, her team conducted innovative transactions in capital management such as the launch of the first private and renewable securitizations. She also conducted mergers and acquisitions, as well as transactions in equity, hybrid capital and risk management for major insurance companies. She previously led the team in charge of insurance capital markets at Credit Suisse and the financial institutions capital markets team at Lehman Brothers for Germany, Austria and the Netherlands. She began her career in investment banking at Morgan Stanley and in the financial sector at Total SA. She speaks fluent French and holds a Masters from the Institut d'Etudes Politiques de Paris, a Masters in Applied Economics from the University of Paris Dauphine and a BA in Political Science and Econometrics with honors from the American University in Washington DC. She was first appointed a director of the Company in April 2013, and is also non-executive director of Pernod-Ricard SA, Phoenix Group Holdings, Uniqa Insurance Group, Aviva Insurance Limited, and is a volunteer on the board of the Institut Pasteur.
Fields Wicker-Miurin, an American and British citizen, studied in France, at the Institut d'Etudes Politiques de Paris and then in the United States and Italy. She graduated from the University of Virginia and Johns Hopkins University. Fields Wicker-Miurin began her career in banking, before joining Strategic Planning Associates (Mercer Management Consulting) as a senior partner where she was the main advisor to Lloyd’s of London. In 1994, she became Chief Financial Officer and Head of Strategy of the London Stock Exchange. She was a member of the Nasdaq Technology Advisory Council and advised the European parliament on financial markets harmonisation. In 2002, she was one of the founders of Leaders' Quest, whose activity is to organize programs to exchange experiences that allow international leaders from all sectors to meet actors from business and civil society in emerging countries. In 2007 she was awarded the OBE - Officer of the British Empire. She is also a director of BNP Paribas, CDC Group Plc and Ballarpur International Graphic Paper Holdings. She was first appointed a director of the Company in April 2013.