Catalina Holdings (Bermuda) Ltd. has named Philipp Waldstein as its incoming Chief Executive Officer, succeeding Ian Parker, who is set to retire. Waldstein, who has been the Group Chief Investment Officer since joining Catalina in 2020, played a pivotal role in the company’s strategic shift towards annuity reinsurance through a partnership with Athene.
Waldstein expressed his enthusiasm for the new role, while Manfred Puffer, Chairman of Catalina’s Board of Directors, commended Waldstein’s extensive experience and success within the company, emphasizing his suitability to support value creation for Catalina’s stakeholders. Puffer conveyed the Board’s delight in supporting Waldstein’s appointment as Group CEO. The announcement also conveyed gratitude to Ian Parker for his contributions during his tenure at Catalina.
With over 35 years of experience in the insurance asset management and banking industry, Waldstein has previously held significant positions, including CIO and CEO of MEAG, the international asset manager for Munich Re Group. Additionally, he served as Chairman of the Board at MEAG New York Inc. and MEAG Hong Kong Ltd.
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