Munich Re Executive and Leadership Team

September, 2026

Leadership Overview

Munich Re has 10 executives leading key functions including life reinsurance, office operations, regional market expansion, specialty insurance, and financial management.

Focused on delivering global risk solutions, Munich Re maintains a commitment to innovative financial protection and digital transformation across all international insurance markets.

Leadership Roles at Munich Re

  • Chief Executive Officer, Munich Re Australasia, Life Reinsurance - Nicolas Carro
  • Chief Executive Officer, Office, Projects & Communications - Viviana Angel
  • Chief Executive Officer, , , Korea (Japan, India, South, East, Asia) - Hitesh Kotak
  • Chief Executive Officer, Greater (China) - Steven Chang
  • President & Chief Executive Officer, HSB (Canada) - Barbara Bellissimo
  • Deputy Chief Executive Officer & Underwriting Pricing Chief & Middle & Africa Officer (APAC, East) - Aravind Srinivas
  • Chief Executive Officer (Africa) - Walter Voigts-von Forster
  • President & Chief Executive Officer, Munich Re Specialty Insurance - Sabrina Hart
  • Chief Financial Officer - Oliver Horbelt
  • Managing Director - James Doona
  • Nicolas Carro - Chief Executive Officer, Munich Re Australasia, Life Reinsurance

    Nicolas Carro, the Chief Executive Officer, Munich Re Australasia, Life Reinsurance at Munich Re, directs all life reinsurance operations across the Australasian market. Carro manages complex risk assessment portfolios while ensuring the delivery of tailor-made financial protection for institutional clients. By overseeing regional underwriting standards, the Chief Executive Officer, Munich Re Australasia, Life Reinsurance maintains strict alignment with global risk appetite frameworks. This leadership role involves constant collaboration with the broader reinsurance segment to identify emerging market opportunities. Nicolas Carro drives the integration of digital transformation tools to enhance policyholder outcomes and operational efficiency. Through the application of deep industry knowledge, the Chief Executive Officer, Munich Re Australasia, Life Reinsurance secures long-term stability for the regional life business. Carro consistently monitors market volatility to adjust coverage strategies, ensuring the company remains a leader in providing robust risk solutions within the competitive Australasian landscape.
    Nicolas Carro

    Viviana Angel - Chief Executive Officer, Office, Projects & Communications

    Viviana Angel, the Chief Executive Officer, Office, Projects & Communications at Munich Re, manages internal corporate infrastructure and strategic project execution. Angel coordinates cross-functional communication initiatives to ensure organizational alignment with the overarching mission of providing global risk solutions. By overseeing the project management office, the Chief Executive Officer, Office, Projects & Communications optimizes internal workflows and resource allocation. This leadership role requires constant interaction with the executive board to facilitate the implementation of corporate-wide digital transformation projects. Viviana Angel drives the development of internal messaging frameworks that support the company's reputation as a leader in reinsurance and risk assessment. Through the management of complex project lifecycles, the Chief Executive Officer, Office, Projects & Communications enhances operational agility. Angel ensures that all communication strategies reflect the core values of the firm, ultimately strengthening the connection between internal operations and the global market impact of the organization.

    Hitesh Kotak - Chief Executive Officer, , , Korea (Japan, India, South, East, Asia)

    Hitesh Kotak, the Chief Executive Officer, , , Korea (Japan, India, South, East, Asia) at Munich Re, directs all insurance and reinsurance activities across the diverse Asian markets. Kotak oversees regional growth strategies, focusing on expanding the footprint of the company in Japan, India, and South East Asia. By managing local underwriting teams, the Chief Executive Officer, , , Korea (Japan, India, South, East, Asia) ensures that risk solutions remain tailored to the specific regulatory and economic needs of each territory. This leadership role involves navigating complex market dynamics to turn regional risks into sustainable opportunities. Hitesh Kotak drives the implementation of global risk assessment standards within these high-growth regions. Through the coordination of regional operations, the Chief Executive Officer, , , Korea (Japan, India, South, East, Asia) supports the broader corporate objective of maintaining a dominant position in the global reinsurance industry. Kotak consistently evaluates regional performance to optimize capital allocation and service delivery.

    Steven Chang - Chief Executive Officer, Greater (China)

    Steven Chang, the Chief Executive Officer, Greater (China) at Munich Re, directs all reinsurance and risk solution operations within the Greater China region. Chang manages the strategic expansion of insurance products, ensuring alignment with the unique risk profiles of the local market. By overseeing regional underwriting and client relations, the Chief Executive Officer, Greater (China) facilitates the delivery of innovative financial protection to businesses and institutions. This leadership role requires constant engagement with local regulatory bodies and industry partners to maintain a competitive edge. Steven Chang drives the adoption of advanced risk assessment technologies to improve accuracy and efficiency in the region. Through the management of local teams, the Chief Executive Officer, Greater (China) supports the global mission of the company by capturing significant market share. Chang ensures that all regional activities contribute to the overall financial health and market leadership of the organization, focusing on long-term growth and sustainable risk management.

    Barbara Bellissimo - President & Chief Executive Officer, HSB (Canada)

    Barbara Bellissimo, the President & Chief Executive Officer, HSB (Canada) at Munich Re, directs all operations for the HSB segment within the Canadian market. Bellissimo manages the development and distribution of specialized insurance products, focusing on equipment breakdown and cyber risk solutions. By overseeing the Canadian leadership team, the President & Chief Executive Officer, HSB (Canada) ensures that all business activities align with the global risk assessment expertise of the parent company. This leadership role involves driving innovation in product design to meet the evolving needs of Canadian businesses. Barbara Bellissimo facilitates the integration of digital tools to streamline underwriting processes and enhance customer service. Through the management of regional market strategies, the President & Chief Executive Officer, HSB (Canada) strengthens the presence of the firm in North America. Bellissimo consistently monitors the competitive landscape to identify new opportunities for growth, ensuring that the Canadian segment remains a vital contributor to the global success of the organization.
    Barbara Bellissimo

    Aravind Srinivas - Deputy Chief Executive Officer & Underwriting Pricing Chief & Middle & Africa Officer (APAC, East)

    Aravind Srinivas, the Deputy Chief Executive Officer & Underwriting Pricing Chief & Middle & Africa Officer (APAC, East) at Munich Re, directs the technical pricing frameworks and underwriting strategies across the Middle East and Africa. Srinivas manages the development of sophisticated risk models that underpin the global reinsurance offerings of the company. By overseeing the pricing architecture, the Deputy Chief Executive Officer & Underwriting Pricing Chief & Middle & Africa Officer (APAC, East) ensures that all risk solutions are accurately valued and financially sustainable. This leadership role requires constant collaboration with regional heads to align pricing strategies with market-specific risk profiles. Aravind Srinivas drives the implementation of advanced data analytics to improve underwriting precision. Through the management of complex regional portfolios, the Deputy Chief Executive Officer & Underwriting Pricing Chief & Middle & Africa Officer (APAC, East) supports the overall profitability and risk management goals of the firm. Srinivas ensures that the company maintains a disciplined approach to risk, even in volatile emerging markets.

    Walter Voigts-von Forster - Chief Executive Officer (Africa)

    Walter Voigts-von Forster, the Chief Executive Officer (Africa) at Munich Re, directs all insurance and reinsurance operations across the African continent. Voigts-von Forster manages the expansion of risk solutions, focusing on providing tailor-made financial protection to businesses and institutions in diverse African markets. By overseeing regional underwriting and client engagement, the Chief Executive Officer (Africa) ensures that the company addresses the unique risk challenges of the region. This leadership role requires constant interaction with local partners to foster sustainable growth and market development. Walter Voigts-von Forster drives the adoption of digital transformation initiatives to improve service delivery and accessibility. Through the management of regional teams, the Chief Executive Officer (Africa) supports the global mission of the firm by establishing a strong presence in emerging economies. Voigts-von Forster consistently evaluates regional performance to optimize resource allocation, ensuring that the company remains a trusted partner for risk management throughout the African market.
    Walter Voigts-von Forster

    Sabrina Hart - President & Chief Executive Officer, Munich Re Specialty Insurance

    Sabrina Hart, the President & Chief Executive Officer, Munich Re Specialty Insurance at Munich Re, directs the specialty insurance segment, focusing on complex and extraordinary risk coverage. Hart manages the development of niche insurance products that cater to the specific needs of businesses requiring specialized financial protection. By overseeing the specialty underwriting teams, the President & Chief Executive Officer, Munich Re Specialty Insurance ensures that the company maintains its reputation for expertise in risk assessment. This leadership role involves constant collaboration with the broader reinsurance segment to leverage global knowledge for local specialty solutions. Sabrina Hart drives the implementation of innovative underwriting strategies to capture market share in the specialty sector. Through the management of the specialty insurance portfolio, the President & Chief Executive Officer, Munich Re Specialty Insurance supports the overall growth and diversification goals of the firm. Hart consistently monitors emerging risks to refine product offerings, ensuring that the company remains at the forefront of the specialty insurance market.

    Oliver Horbelt - Chief Financial Officer

    Oliver Horbelt, the Chief Financial Officer at Munich Re, directs the global financial strategy, capital management, and reporting functions of the organization. Horbelt manages the financial health of the reinsurance, ERGO, and investment segments, ensuring that all capital allocation decisions support the long-term growth of the company. By overseeing the finance department, the Chief Financial Officer maintains rigorous standards for risk assessment and financial transparency. This leadership role involves constant collaboration with the board to ensure the stability of the balance sheet. Oliver Horbelt drives the implementation of financial technologies to enhance reporting accuracy and operational efficiency. Through the management of global financial operations, the Chief Financial Officer supports the strategic mission of providing innovative financial protection to clients worldwide. Horbelt consistently monitors global economic trends to adjust the financial strategy of the firm, ensuring that the company remains resilient in the face of market fluctuations and continues to deliver value to stakeholders.

    James Doona - Managing Director

    James Doona, the Managing Director at Munich Re, directs high-level operational strategies and business development initiatives. Doona manages key institutional relationships, ensuring that the firm provides comprehensive risk solutions to large-scale clients. By overseeing strategic planning, the Managing Director facilitates the alignment of internal resources with the global objectives of the company. This leadership role involves constant interaction with the executive team to drive growth and operational excellence. James Doona leads the development of new market entry strategies, focusing on expanding the reach of the reinsurance and insurance segments. Through the management of cross-functional teams, the Managing Director ensures that all business activities support the core mission of turning risks into opportunities. Doona consistently evaluates the performance of various business units to optimize efficiency and profitability. By maintaining a focus on long-term value creation, the Managing Director secures the position of the firm as a global leader in the insurance and risk management industry.

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    Frequently Asked Questions Regarding Munich Re Top Executives and Leadership Team

    Who leads Munich Re?
    Munich Re is led by Nicolas Carro (Chief Executive Officer, Munich Re Australasia, Life Reinsurance), along with executives such as Viviana Angel (Chief Executive Officer, Office, Projects & Communications) and Hitesh Kotak (Chief Executive Officer, , , Korea (Japan, India, South, East, Asia)).
    Who is part of Munich Re’s executive team?
    The executive team of Munich Re includes leaders such as Nicolas Carro (Chief Executive Officer, Munich Re Australasia, Life Reinsurance), Viviana Angel (Chief Executive Officer, Office, Projects & Communications), Hitesh Kotak (Chief Executive Officer, , , Korea (Japan, India, South, East, Asia)) and other senior executives.
    How many executives does Munich Re have?
    Munich Re has 10 executives leading key business areas.
    What roles are included in Munich Re’s leadership team?
    The leadership team of Munich Re includes roles such as Chief Executive Officer, Munich Re Australasia, Life Reinsurance, Chief Executive Officer, Office, Projects & Communications, Chief Executive Officer, , , Korea (Japan, India, South, East, Asia), Chief Executive Officer, Greater (China), President & Chief Executive Officer, HSB (Canada).