Allianz SE announces leadership change

The Allianz Group has announced a leadership change to the Allianz SE Board of Management. The Supervisory Board of Allianz SE has renewed and extended the mandate of Oliver Bäte, 58, as Chairman of the Board of Management and CEO of Allianz SE. 

The Board has also renewed and extended Andreas Wimmer, 49, as a member of the Board of Management responsible for Life and Asset Management for a period of five years. 

Claire-Marie Coste-Lepoutre, 48, currently the chief actuary and head of Planning & controlling of Allianz SE has been appointed as a Member of the Board of Management effective January 1, 2024, subject to customary regulatory approvals. Earlier, Coste-Lepoutre was the CFO and deputy CEO of Allianz Global Corporate & Specialty SE.

Coste-Lepoutre will succeed Giulio Terzariol, 51, who will be granted a release from his mandate as a member of the Board of Management so that he may pursue a career opportunity outside of the company in his home country. His mandate was slated for renewal at the end of 2025, and Ms. Coste-Lepoutre has been working with Mr. Terzariol on the smooth transition of his responsibilities. 

“The Supervisory Board fully endorses the continuation of Oliver Bäte’s leadership, supported by his colleagues in the Board of Management, to maintain Allianz’s sustainable and profitable growth, to further develop its thriving and productive workforce, and sharpen its competitive positioning for the future,’ said Michael Diekmann, chairman, of the Supervisory Board of Allianz SE.

“I thank the Supervisory Board for their confidence and support, and I look forward to continuing to serve the stakeholders of Allianz in a changing world,” said Allianz SE Oliver Bäte.