Swiss Life CEO to Step Down

Swiss Life Holding said Patrick Frost has decided to step down as chief executive at the group’s annual general meeting in May next year, after 10 years at the helm of the insurer. The company said Monday that Matthias Aellig, currently chief financial officer, would succeed Frost as CEO as of May 16, 2024. Marco…

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Australian Job Ads Dropped Sharply in November

SYDNEY—Further signs of an easing in conditions across Australia’s labor market emerged in November, with the ANZ-Indeed measure of job ads slumping sharply over the month. According to the ANZ-Indeed Australian job ads survey, employment ads fell 4.6% in November following a downwardly revised fall of 3.4%in October. Copyright ©2023 Dow Jones & Company, Inc….

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