Boris Cufar, new CEO of Plenum Life Ltd.

Boris Cufar is to become the new Chief Executive Officer of Plenum Life Ltd. in Liechtenstein. Mr. Cufar is currently a Member of the General Management and will this month succeed Nico Rischmann, who is moving to the Supervisory Board of Plenum Life Ltd.

In Boris Cufar, Plenum Life Ltd. has acquired a proven insurance specialist and product developer. The 42-year-old has worked for various German financial houses and has a considerable level of expertise and many years of experience in the specialist areas of insurance, investment funds and structured products. Most recently, Boris Cufar was responsible for product development in the area of alternative investments and capital insurance at MPC Münchmeyer Petersen Capital AG in Hamburg. During this period, Boris Cufar was also entrusted with developing the wealth management business in Liechtenstein.

"Raimond Schuster, CEO of the Plenum Group, comments: “Boris Cufar is an excellent addition to our management team. As a committed, versatile and results-focused manager, he is ideally qualified to drive forward the strategic realignment of our insurance business for the long term.”