Munich Re names VW's ex-CEO Pischetsrieder as chairman

FRANKFURT Wed Dec 12, 2012 12:09pm EST

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FRANKFURT Dec 12 (Reuters) - Munich Re named former Volkswagen chief Bernd Pischetsrieder to replace its supervisory board chairman, Hans-Juergen Schinzler, who is retiring at the end of the year.

Pischetsrieder, 64, has been a member of Munich Re's board since 2002 and will assume office on Jan. 1, the reinsurer said late on Wednesday. (Reporting by Maria Sheahan)