Insurance giant MAPFRE Middlesea plc has announced the appointment of Javier Moreno Gonzalez as CEO following the resignation of Felipe Navarro, who had been in the role since 2015.

The change at the top had been first announced last September, when Antonio Huertas, Chairman and CEO of MAPFRE, affirmed that “the renewal of the management team allows us to capitalise on the extraordinary internal talent we have at our disposal within the company".

"All the appointed executives bring great experience and deep knowledge of our Group with them to their new positions," he said.

In a filing made to the Malta Stock Exchange, MAPFRE Middlesea thanked Mr Navarro for his dedication to the company over the years and wished him well in his future endeavours.

His resignation became effective on 31st March, and he will now assume the role of Assistant General Manager for Administration in MAPFRE Spain.

He is succeeded as the company’s CEO by Mr Moreno Gonzalez, whose appointment is effective from 1st April.

Mr Moreno Gonzalez first joined MAPFRE Group in 2000 and developed his professional career within MAPFRE in Spain, where he assumed different positions mainly in the Health Business Unit, as Chief Claims Officer in MAPFRE CAJA SALUD and Chief Claims Officer for Personal Lines in MAPFRE ESPAÑA.

A member of the Permanent Commission of UNESPA, the Spanish association of insurers and reinsurers, he was appointed by the Group as Corporate Director leading the global development of health insurance in the Business & Clients Corporate Area.

Prior to joining MAPFRE in Mala, Mr Moreno Gonzalez held the position of Corporate Director for Global Life Business Development, with the responsibility of developing the Life Strategic Initiative globally.

The mission of the newly appointed CEO is to accelerate the profitable scenario, which was envisaged in MAPFRE’s Strategic Plan.

MAPRE Middlesea stated that regulatory approval has already been obtained for the appointment of Mr Moreno Gonzalez.