A change in the leadership of Bermuda-based Scottish Re Group in North America has been announced within days of George Zippel assuming the role of group president and chief executive officer.

The former CEO Paul Goldean will today assume the position of interim president and CEO of Scottish Re Group's North America operation, replacing Cliff Wagner who has left the company - a move announced on May 17 this year.

Mr. Wagner had been president and CEO (North America) since August last year and was previously chief actuary.

In a statement Scottish Re said Mr. Wagner had "helped lead the company through the challenges of this past year" and the company said it sent "best wishes to Cliff in his future endeavors."

New North America CEO Mr. Goldean, who has been with the company since 2002, will is to continue in his role as chief administrative officer for Scottish Re Group while an external search to identify a permanent North America CEO is conducted.

"I am confident that Paul, working with our North America leadership team, will continue to make progress towards our goals of improving operational discipline, maintaining competitive market position, and returning the segment to profitability," said president and CEO Mr. Zippel.