Carsten Quitter will become Allianz Group Chief Investment Officer (Group CIO) and, as Managing Director, will take over as Co-Lead of Allianz Investment Management SE (AIM) on January 1, 2018. He will replace Andreas Gruber, who is leaving at his own request after 29 years at the Allianz Group to retire.
After Günther Thallinger, CEO of AIM until 2016, left to join the Board of Management of Allianz SE, Andreas Gruber took over the joint running of AIM alongside Claus Stickler in January 2017 in addition to his duties as Allianz Group CIO.
Oliver Bäte, CEO of Allianz SE, said: “As Group Chief Investment Officer at Allianz, Andreas Gruber was responsible for developing and implementing our successful global investment strategy. The Group's very good investment results are based on this. I would like to express my deepest gratitude to him for this.”
Günther Thallinger, a member of the Board of Management of Allianz SE, said: “We are very grateful to Andreas Gruber for taking on the co-lead position at AIM, which ensured a seamless transition at all levels. We would like to express our profound respect for his personal decision to retire from active professional life, as he has been planning to do for a long time.”
“I am very grateful to have had the opportunity to shape so much at Allianz. Now it's time for me to concentrate on my personal life,” Andreas Gruber said.