Allianz faucets new members for supervisory board




Allianz faucets new members for supervisory board | Insurance coverage Enterprise America















Proposed additions shall be up for election at firm’s Might 8 annual basic assembly

Allianz taps new members for supervisory board


Insurance coverage Information

By
Ryan Smith

The supervisory board of Allianz SE has introduced that it’ll suggest to the corporate’s annual basic assembly (AGM) on Might 8 that Jörg Schneider and Stephanie Bruce be elected to the supervisory board as shareholder representatives.

Schneider and Bruce will succeed present board members Herbert Hainer and Christine Bosse, whose phrases will expire on the upcoming AGM on account of reaching the age and size of service limits, respectively.

Schneider, a enterprise economist and lawyer, left the Munich Re board of administration in 2018 after greater than 18 years with the corporate as chief monetary officer. Bruce was on the board of administrators and served as chief monetary officer for British asset supervisor abrdn plc till Might 2023. She beforehand served as senior monetary providers companion at PwC.

Ought to SWchneider be elected, he’s supposed to function Hainer’s successor as deputy chairman of the supervisory board. A call on the successor of board chairman Michael Diekmann just isn’t due till 2026, Allianz stated.

“Lengthy-term planning, continuity and readability are our high priorities in the case of new appointments and succession planning for the supervisory board,” Diekmann stated. “With Jörg Schneider and Stephanie Bruce, we’re proposing two excellent candidates who’ve each been among the many highest-profile executives within the worldwide monetary providers business for a few years.”

In different firm information, Allianz just lately sponsored a brand new disaster bond designed to supply safety in opposition to European windstorms. The corporate additionally just lately introduced the appointment of Petros Papanikolaou as CEO of Allianz International Company & Specialty.

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