VIG Re taps vice-chairman for board of directors

He boasts 17 years in financial services and reinsurance

VIG Re taps vice-chairman for board of directors

Reinsurance

By Kenneth Araullo

VIG Re, the reinsurance arm of Vienna Insurance Group, has announced the elevation of Tobias Sonndorfer to the role of vice-chairman of the board of directors, effective February 1, 2024.

Sonndorfer was noted as a distinguished figure in the reinsurance field, with a career spanning over 17 years in financial services and reinsurance. He joined the board of directors at VIG Re on January 1, 2023.

According to his LinkedIn, his previous tenure at Munich Re was marked by significant achievements, including his role as client management executive, where he managed relationships across Central and Eastern Europe, Southeastern Europe, Austria, Switzerland, Belgium, and Luxembourg.

Sonndorfer’s experience also includes key positions in managing both traditional and innovative reinsurance solutions on an international scale. Prior to joining Munich Re, he was a senior consultant at PwC in Germany. Sonndorfer is an alumnus of OTH Regensburg in Germany and holds a Chartered Financial Analyst (CFA) designation.

In his expanded role, Sonndorfer will lead the company’s executive committee while continuing to oversee VIG Re’s strategic direction, digital transformation initiatives, intragroup cessions, and outgoing reinsurance activities.

“Since Tobias joined VIG Re, he has consistently demonstrated outstanding leadership skills. His expanded responsibilities reflect the key role he will play in achieving our strategic ambitions, bringing VIG Re to the next level as a trusted and professional partner,” VIG Re CEO and board chairman Martin Hartmann said.

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