Dive Brief:
- Noelle Eder, Cigna EVP and global CIO, resigned from the company on April 22, according to a Monday securities filing. Her resignation is effective May 16.
- Pending regulatory approval, Eder will serve as Group Head, Technology & Operations at U.K.-based Standard Chartered, reporting to Group CEO Bill Winters out of the bank’s Singapore hub.
- Eder joins the company as it works to simplify systems and processes, and will lead Standard Chartered’s efforts to deploy emerging technologies, Winters said in a Tuesday statement.
Dive Insight:
Eder, who joined Cigna in 2020 as Global CIO, previously served in leadership roles at Hilton Worldwide Holdings, Capital One and Intuit. The following year, Cigna expanded her position to include data, analytics and automation.
The executive’s departure is the latest in a string of recent C-suite changes at Cigna.
In March, the company appointed then-CFO Brian Evanko to serve as COO, overseeing the company’s insurance and health services units. Then-deputy CFO Ann Dennison was made EVP and CFO, and the company announced Evernorth CEO Eric Palmer’s departure.
“Aligning our Evernorth Health Services and Cigna Healthcare businesses under a single leader will accelerate innovation to enhance how we serve our stakeholders,” said CEO David Cordani in the March announcement.
The company had been working to expand its use of technology, backing initiatives with $1.5 billion in discretionary capital expenditures last year, according to Evanko.
“Most of that will go toward technology going forward,” Evanko said in October during the company’s Q3 2024 earnings call. “Some of that [is] customer patient-facing technology, some of that is provider-facing technology and some of that is a broker or field-facing technology as well.”
Cigna did not respond to emailed requests for comment Tuesday, but stated in the SEC filing that the decision was “due to personal reasons.”
