The London-headquartered Institute of Risk Management has announced that Mr Socrates Coudounaris will be the new Chairman of its board from May 2018.
Mr Coudounaris, an Executive Director of Risk for the EMEA region at Reinsurance Group of America, will step up from his current position of Deputy Chair when the current Chair, Ms Nicola Crawford steps down in early May, 2018, said the IRM in a statement last week.
Ms Crawford, whom the IRM praised as having "devoted a considerable amount of her professional time to the Institute with a positive impact", is leaving to pursue business opportunities.
She said: “It is with significant regret that I am stepping down as the IRM Chair; I have enjoyed the role and will continue to remain involved with the IRM supporting various initiatives, as well as being an advisory member of the ERM in Banking and Financial Services SIG and the IRM Turkey Regional Group”.
Both are currently working through their transition plan to ensure that there is a smooth handover.