Changes in the boards of Allianz SE and Allianz Deutschland AG

Dr. Werner Zedelius (52), Member of the Board of Management of Allianz SE responsible for Growth Markets, will take over Dr. Rupprecht's board responsibility for Germany, Switzerland and Austria on January 1, 2011.

Dr. Werner Zedelius

The Supervisory Board of Allianz SE will decide at its next meeting on the Personnel Committee's proposal to appoint Manuel Bauer (55) to the Board of Management as of January 1, 2011. Bauer,  currently responsible for the Allianz region Central and Eastern Europe, Middle East and North Africa, is to assume responsibility for Growth Markets from Dr. Zedelius.

Manuel Bauer

Dr. Rupprecht will join the Supervisory Board of Allianz Deutschland AG as its Chairman on July 1, 2010. Yesterday the Supervisory Board of Allianz Deutschland AG appointed Dr. Markus Rieß (44) as Chairman of the Board of Management and successor of Dr. Rupprecht starting July 1, 2010.

Dr. Gerhard Rupprecht

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