“To make sure a seamless transition,” mentioned Allianz, “she’s going to work carefully with Mr Balbinot and assume portfolio duties from him in the middle of 2022, permitting Mr Balbinot to focus much more on the strategic priorities within the Asia-Pacific area in mild of the expansion potential and significance of that geography for Allianz.”
Balbinot’s time period is expiring on the finish of subsequent yr.
In the meantime, Allianz Deutschland AG chief monetary officer Katja de la Viña (pictured instantly above) will grow to be CEO of Allianz Lebensversicherungs-AG on January 01. She is changing Andreas Wimmer – who, as beforehand reported, can be becoming a member of the Allianz SE administration board to take care of asset administration and US life insurance coverage.
Moreover, the contracts of Allianz SE board of administration members Renate Wagner and Klaus-Peter Röhler will likely be prolonged.
“As the corporate appears to be like forward to our upcoming three-year strategic plan, the board of administration and I stay up for working with Andreas Wimmer and Sirma Boshnakova, and we’re happy to learn from the continued perspective, management, and repair of Sergio Balbinot, Renate Wagner, and Klaus-Peter Röhler,” mentioned Oliver Bäte, Allianz SE administration board chair.
“The strategic succession selections introduced by the supervisory board are supported by Allianz’s deep and numerous expertise bench throughout the corporate, together with leaders like Katja de la Viña and others who’re readily in a position to step into new roles.”