SWISS appoints new Head of Internal Auditing

14 April 2003

The SWISS Board of Directors has appointed Rolf-Christian Andersen as its Vice President Internal Auditing. Andersen assumed his duties on April 1.

In this function, Rolf-Christian Andersen is responsible for Internal Auditing and for improving the financial risk management. With its examinations of internal processes, control systems within quality assurance and risk management systems, Internal Auditing will make a substantial contribution to assessing the company’s risk management, to assessing the effectiveness, efficiency as well as the risks associated with operating workflows. and procedures. Internal Auditing will cover these activities mainly in the financial sector, whereas the associated functions in flight operations will be handled by those responsible for Safety, Security and quality control.

The function of Head of Internal Auditing is in keeping with the lines of modern Corporate Governance and is directly subordinate to the Chairman of the Executive Board.

Andersen, aged 46 has been a member of the Executive Staff as Head of Audit Zurich Switzerland at Zurich Financial Services for the last ten years. A Norwegian national, he grew up in Switzerland and lives in Canton Zurich with his Swiss wife and four children. He is a graduate (lic.rer.pol) in business administration from the University of Fribourg