A good portion of his career had been spent in the banking industry. Martin worked for the former Swiss Bank Corporation from 1976 to 1994. Among the key positions he had held in the company included treasurer in Hong Kong and regional treasurer for Asia and the Pacific region in Singapore. Martin later headed the firm’s Tokyo office.
He then joined another banking organization, Credit Suisse in 1994. His executive roles in the company included being treasurer for the Head Office and Europe and chairman of Credit Suisse Group, Japan. A major promotion came in 2001 when Martin became a member of the Credit Suisse Banking executive board and was made head of its Trading and Investment Services Division.
From
banking, Martin joined the insurance industry when he joined Swiss Life Group.
From 2003 to 2006 he served as a member of the corporate executive board and as
chief investment officer. This change in industry led to greener pastures when
Martin joined Zurich Insurance Group as Chief Investment Officer and also
serving on the Group Executive Committee. His good performance eventually landed
him the top job. Martin became the CEO of Zurich Insurance Group in January 1,
2010.
Popularly
known as Zurich, this insurance
company is the largest insurer in Switzerland and is one of the largest
companies in the world. Its scope of operation is global doing business in 170
countries and territories and employing around 60,000 people. The firm is composed
of three business divisions namely, General Insurance, Global Life and Farmers. Revenue for 2012 hit $70.414 billion.
With
hands on executive experience in both the banking and insurance industries,
it’s no surprise that the board of Zurich chose Martin to head this insurance
giant which is over 140 years old.
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