Board of Management

Oliver Bäte, CEO, Chairman of the Board of Management of Allianz SE

Chairman of the Board of Management of Allianz SE (CEO)
Sirma Boshnakova

Insurance Western & Southern Europe, Allianz Direct, Allianz Partners
Barbara Karuth-Zelle

Operations, IT and Organization (COO) 
Klaus-Peter Roehler

Insurance German Speaking Countries and Central & Eastern Europe
Giulio Terzariol

Finance, Risk, Actuarial, Legal, Compliance (CFO) 
Dr. Günther Thallinger

Investment Management, 
Christopher Townsend

Global Insurance Lines & Anglo Markets, Reinsurance, Iberia & Latin America, Middle East, Africa 
Renate Wagner

Asia Pacific, Mergers & Acquisitions, People and Culture 
Portrait of Dr. Andreas Wimmer

Asset Management, US Life Insurance
The Board of Management of Allianz SE is made up of nine members. Chairman of the Board of Management is Oliver Bäte.
The Sustainability Board is a dedicated body to address environmental, social and governance (ESG) issues within Allianz.

Contract Terms

Please find an overview of the individual contract terms of the members of the Board of Management of Allianz SE.


The remuneration of the Board of Management of Allianz SE is focused on sustainable development and aligned with shareholder interests. It is also designed to be appropriate and competitive in comparison to our peers. The remuneration is disclosed individually for each member of the Board of Management in the Annual Report. 

Directors' Dealings and equity holdings

On this website Allianz SE publishes all directors' dealings according to article 19 of the EU Market Abuse Regulation (DGAP website).

D&O Liability Insurance

Members of the management and supervisory bodies of Allianz SE have a Directors & Officers Liability Insurance, which covers the liability from their officerships and directorships.

Diversity and internationality of the Board of Management 

As a globally operating company with customers all over the world, we rely on cultural diversity and internationality.