Life assurer chief executive departs over differing views

Different views on the strategy and direction of Luxembourg-based life assurer OneLife has seen chief executive Marc Stevens leave the company after four years.

Life assurer chief executive departs over differing views

|

OneLife develops cross-border financial planning solutions for ultra-high net worth, high net worth and high affluent clients across Europe and beyond, according to the company.

On Monday, it announced that Stevens and the company “have decided to separate their ways” with the former chief executive pursuing new opportunities.

Prior to joining OneLife, Stevens was based in Dublin as director of Augura Life Ireland, having previously been chief executive director of Vitis Life in Luxembourg.

New leader

The board of OneLife has appointed Antonio Corpas to the position of managing director and chief executive, subject to regulatory approval.

He will report to Thierry Porté, executive chairman and director.

Corpas has held the position of head of tax & legal and group general counsel at OneLife and its predecessor companies for the past 10 years.

During that time, the company said he has been instrumental in building its expertise in the areas of wealth structuring, investment fund services and non-traditional assets.

Growth strategy

The appointment of Corpas is also in line with OneLife’s growth strategy, the firm said.

Launched in 2016, it covers:

  • positioning the brand as a specialist provider of cross-border wealth solutions using life assurance across core markets and internationally;
  • increasing market share by reaping the benefits of significant investment made throughout the business over the past two years; and,
  • continuing to serve its valued partners and clients effectively using digital capabilities to enhance the customer experience, to make it easy to do business with OneLife.

MORE ARTICLES ON