Firstly, the mandate of Oliver Bäte as chairman of the board of administration and CEO of Allianz SE has been renewed and prolonged to 2028.
Andreas Wimmer’s function of member of the board of administration liable for life and asset administration has been renewed for 5 years.
Claire-Marie Coste-Lepoure, chief actuary and head of planning & controlling of Allianz SE and beforehand the CFO and deputy CEO of Allianz World Company & Specialy SE, has been employed as member of the board of administration efficient January 1 2024.
Coste-Lepoure will succeed Giulio Terzariol, who has moved to Generali to develop into CEO of its new insurance coverage arm.
Chairman of the Supervisory Board of Allianz SE Michael Diekmann stated: “The Supervisory Board totally endorses the continuation of Oliver Bäte’s management, supported by his colleagues within the Board of Administration, to keep up Allianz’s sustainable and worthwhile progress, to additional develop its thriving and productive workforce, and sharpen its aggressive positioning for the long run.”
Chairman of the Board of Administration of Allianz SE Oliver Bäte added: “I thank the Supervisory Board for his or her confidence and help, and I look ahead to persevering with to serve the stakeholders of Allianz in a altering world.
“Giulio has been an exquisite colleague, chief, and good friend who introduced excellence and integrity to each facet of his portfolio. We’d have liked to retain him, however we respect his private determination and know that he shall be profitable in his subsequent function.
“As we look forward to Allianz’s subsequent chapter of progress, we’re lucky to have confirmed and high-performing leaders comparable to Andreas on our Board. We’re additionally lucky to have sturdy and proficient leaders comparable to Claire-Marie within the succession and improvement pipelines throughout our firm. She has been working carefully with Giulio on a seamless continuation of management and is totally able to step into her new function.”
