Swiss Life said Chlapowski's departure was essential to restore the confidence of investors and customers, following the scandal surrounding a secretive investment vehicle for top managers and recent accounting errors. Reeling from the scandal and two embarrassing accounting errors, Swiss Life appointed former Credit Suisse Group manager, Rolf Dörig, as its new CEO with immediate effect. Chlapowski is the second CEO in nine months to have been shown the door by Swiss Life. The previous incumbent Manfred Zobl left the company in February.