Catalina Holdings names Philipp Waldstein as CEO
Catalina Holdings (Bermuda) Ltd. has appointed Philipp Waldstein as its new Chief Executive Officer (CEO).
Waldstein, who has been serving as the Group Chief Investment Officer (CIO) since joining Catalina in 2020, will be succeeding Ian Parker, who is set to retire.
Waldstein played a crucial role in Catalina’s strategic shift towards annuity reinsurance through a partnership with Athene, the company said.
With over 35 years of experience in the insurance asset management and banking industry, Waldstein previously served as CIO and later CEO of MEAG, the international asset manager for Munich Re Group.
He also held the position of Chairman of the Board at MEAG New York Inc. and MEAG Hong Kong Ltd.
Expressing his enthusiasm for the new role, Waldstein stated, “I am honoured to be taking on this new role and look forward to working with the talented team at Catalina to continue driving the company’s growth and success.”
Manfred Puffer, Chairman of Catalina’s Board of Directors, praised Waldstein’s extensive experience and success within the company, asserting that he is best placed to support value creation for Catalina’s stakeholders.
Puffer expressed delight on behalf of the Board in supporting Waldstein’s appointment as Group CEO.
The announcement also included expressions of gratitude to Ian Parker for his contributions to Catalina during his tenure. Parker successfully led the strategic transition from non-life to life insurance, and the company extended its best wishes to him for a fulfilling retirement.
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