TURKEY: Marius POPESCU appointed as NN Hayat ve Emeklilik CEO as of 1 April 2017

NN Group announced that Marius POPESCU (currently CEO of NN Romania) will be appointed CEO of NN Hayat ve Emeklilik Turkey, effective 1 April. He succeeds Frank EIJSINK which was named CEO of NN Life Japan. NN Group pointed out that Marius POPESCU's successor will be announced in due course: "On an interim basis, Mihai MUNTEAN, Chief Sales Officer, will assume responsibility as CEO NN Life Insurance Romania". 

Marius POPESCU joins the Turkish subsidiary after spending 12 years with NN Romania.

Here he held numerous senior roles, including CEO of NN Investment Partners (2008-2010) and CEO of NN Pensions (2010-2013).

He was appointed CEO of NN Romania in 2013 and "since then steered the company in consolidating its leading positions in all three business lines: life insurance, voluntary pension and mandatory pensions".

At the same time, Marius POPESCU holds the position of Vice-president of UNSAR (National Association of Insurance and Reinsurance Companies in Romania) where he leads the Life and Health Section and the Solvency II Commission.

"As CEO of NN Romania, Marius has done a wonderful job, consolidating NN's leadership position in the market. He has successfully built the leading tied agent network and deepened relationships with ING Bank. Presently NN Romania is the leader of the industry, providing financial solutions, life and pensions to more than two million customers. Starting in April, Marius POPESCU will be responsible for NN Hayat ve Emeklilik Turkey and his mandate will be to bring his acquired experience in growing both our life insurance and voluntary pensions businesses to Turkey, and to further improve the customer experience aligned with our global strategy. His deep knowledge of insurance, entrepreneurial spirit and ability to deliver make him the perfect choice for our emerging Turkish business", said Robin SPENCER, CEO International Insurance.

"I enjoyed being part of NN Romania's journey and I want to thank my many colleagues, both in the Management Team and throughout our organisation, for the fruitful cooperation over the years. Without their effort and commitment none of the achievements would have been possible. I am looking forward to my new role at NN Hayat ve Emeklilik Turkey, a company that is well-positioned in a double digit growing market. I hope that together with my new colleagues we will set an innovative and growing course, in an exciting market that requires constant focus on the ability to accelerate", said Marius POPESCU.

NN has had a market presence in Turkey since 2009 and offers mandatory and voluntary pensions and life insurance.

Related articles

TURKEY to create a "Pool system" for MTPL

The Turkysh authorities are considering to create a "Pool system" for the distribution of MTPL premiums and claims for high risk groups of vehicles. The pool would be managed by the Turkish Motor Vehicles Bureau, under the Treasury's supervision.


Turkish insurer ANADOLU Sigorta detects fraud with FRISS solution

Turkish insurer ANADOLU Sigorta, one of the largest providers of non-life insurance services in Turkey, with over 1 billion Euro in GWP in 2016, has announced that is live with FRISS solution Fraud Detection at Claims. The company turned to FRISS because the insurer is aware of the threat from fraudsters.


STATISTICS: The Turkish market exceeded TRY 40 billion in GWP last year

Total GWP in the Turkish insurance market exceeded TRY 40 billion (about EUR 11 billion) last year, an increase of more than 30% compared to the previous year, according to preliminary data from the Insurance Association of Turkey - TSB. The TSB figures also show that Turkey's insurance sector grew by 20.2% in real terms last year when the annual inflation rate was 8.5%.


Software solutions provider SAPIENS opens new local support center in Istanbul, Turkey

SAPIENS International Corporation, a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced on January 5, 2017 the opening of a new center in Istanbul, Turkey to support its growing business and strategic customers in the region, including Anadolu Insurance Company (Anadolu).




61st "Rendez-Vous de Septembre" ends today in Monte Carlo: review

The 61st edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers ends today in Monte Carlo. The Nat Cat insurance protection gap, as well as the global insurance market readiness to deal with the increasing complexity of the cyber risks were among the most debated topics.



MONTE CARLO: Live news from the "Rendez-Vous de Septembre"

The 61st edition of the "Rendez-Vous de Septembre", the annual traditional meeting of reinsurers has started yesterday in Monte Carlo. XPRIMM publications on the CEE, SEE and CIS insurance markets are available at the XPRIMM stand in Fairmont Hotel as well as at the other event's venues.


See all