The European Insurance CFO Forum today announces that Matt Rider, Group CFO of Aegon, has been appointed the Chair of the CFO Forum, succeeding Luigi Lubelli of Generali.
The CFO Forum is actively engaged in providing industry views and assistance to regulators and standard setters that develop financial reporting for the insurance industry, such as IFRS and Solvency 2. This includes working together with other industry bodies such as Insurance Europe and the CRO Forum to promote the development of high quality financial reporting solutions that are appropriate to the sector.
Matt Rider commented "I am delighted to take on the role of Chair of the CFO Forum at this critical phase in the development of financial reporting standards for the insurance industry. I would like to thank Luigi for his contributions as Chair of the CFO Forum over the last year. He has led the Forum through an important stage in the implementation of IFRS 17 and continuing development of Solvency 2 and other financial reporting issues."
The mission of the CFO Forum remains unchanged: we are committed to transparent, consistent, comprehensive financial reporting that aids investors in understanding our business. We also believe that such reporting must remain relevant to its users, so that the insurance industry continues to clearly communicate to its stakeholders its social and economic role. I look forward to moving forward with our work on these important matters in the year ahead as Chair of the CFO Forum."