Change in leadership at Allianz Group Economic Research

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Ludovic Subran will become the Chief Economist of Allianz SE and take over as Head of Group Economic Research from October 1, 2019. He succeeds Michael Heise who is retiring after 17 years at Allianz.

“Michael Heise’s expertise has been a tremendous support over the years. He has developed Group Economic Research into one of the most eminent corporate research teams, for which we would like to thank him most sincerely,” says Günther Thallinger, Member of the Board of Management of Allianz SE, responsible for Investment Management and ESG. “Ludovic Subran has demonstrated his outstanding economic abilities in recent years. We are convinced that his expertise will make an important contribution to the success of Allianz.”

ludovic subran
Ludovic Subran
michael heise
Michael Heise

Michael Heise joined Allianz in 2002. He is an honorary professor at the Goethe-Universität in Frankfurt am Main and has lectured at the European Business School in Oestrich-Winkel. Heise is one of the best-known German economists, author of books on the European Monetary Union and monetary policy, and has an extensive list of publications in national and international media. He has been named “Forecaster of the Year for the German Economy” several times by German news outlet Süddeutsche Zeitung.

Ludovic Subran joined Allianz in 2012 as the Chief Economist of Euler Hermes. Most recently, he served as the Deputy Chief Economist of Allianz SE. Before joining Allianz, Subran worked for the French Ministry of Finance, the United Nations, and the World Bank. He is also an adjunct professor of economics at HEC Business School and at Sciences Po in Paris. 

The Allianz Group is one of the world's leading insurers and asset managers with more than 92 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. Allianz is one of the world’s largest investors, managing around 673 billion euros on behalf of its insurance customers. Furthermore our asset managers PIMCO and Allianz Global Investors manage more than 1.4 trillion euros of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we hold the leading position for insurers in the Dow Jones Sustainability Index. In 2018, over 142,000 employees in more than 70 countries achieved total revenues of 131 billion euros and an operating profit of 11.5 billion euros for the group.

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Lorenz Weimann
Allianz SE
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Further information

Changes to the Board of Management at Allianz SE

Helga Jung, Member of the Board of Allianz SE, will retire on December 31, 2019.  She will leave after 26 years at Allianz and having served as Member of the Board of Management for eight years. Renate Wagner, currently Chief Human Resources Officer at Allianz SE, has been appointed as her successor from January 1, 2020, subject to regulatory approval.

Profile: Renate Wagner

She's dynamic. Expressive, engaging. But never without depth. Her thought processes are arranged in a perfect order. After all, she has studied theoretical mathematics – a subject that seemingly contrasts with her extroverted, vibrant personality if you go by stereotypes.

Change in leadership at Allianz Group Economic Research

Ludovic Subran will become the Chief Economist of Allianz SE and take over as Head of Group Economic Research from October 1, 2019. He succeeds Michael Heise who is retiring after 17 years at Allianz.