AllianzGI plans leadership changes

Allianz Global Investors (AllianzGI) has announced leadership changes that will take effect on January 1, 2020 as part of the firm’s succession plan.

Tobias C. Pross, currently Global Head of Distribution, and Deborah Zurkow, currently Global Head of Alternatives, will succeed Andreas Utermann as CEO and Global Head of Investments, respectively. Andreas Utermann will be available to the leadership of the firm on an advisory basis for the first six months of 2020.

allianz global investors tobias c pross
Tobias C. Pross
allianz global investors deborah zurkow
Deborah Zurkow
allianz global investors andreas utermann
Andreas Utermann

Andreas Utermann joined Allianz in 2002, initially to help build a world-class multi-boutique investment organization. Since 2012, he has led AllianzGI – first as co-head and Global CIO and since 2016 as CEO – establishing a globally integrated investment firm dedicated to active management. Under Andreas Utermann’s leadership, AllianzGI has built out its Fixed Income and Alternatives platforms, strengthened its advisory capabilities and established itself as a leader in Sustainable investing.

With over 20 years of experience within Allianz Group, Tobias Pross has been instrumental in the development of AllianzGI’s client-centric business strategy, which has seen it enter into and strengthen a number of its distribution channels and place a strong emphasis on advice and superior client experience. He has been a member of AllianzGI’s global executive committee since 2015.

Since joining AllianzGI in 2012, initially to establish its Infrastructure Debt capability, Deborah Zurkow has overseen the rapid growth of its Alternatives platform, which now accounts for over EUR 70bn in assets under management. She has championed the opportunity for institutional clients to co-invest alongside Allianz in a number of AllianzGI’s private market strategies. Deborah has been a member of AllianzGI’s global executive committee since 2016.

Allianz Global Investors is a leading active asset manager with over 690 investment professionals in 24 offices worldwide and managing EUR 633 billion in assets. 

Data as of June 30, 2021

The Allianz Group is one of the world's leading insurers and asset managers with around 125 million* private and corporate customers in nearly 70 countries. 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 737 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage about 1.7 trillion euros** of third-party assets. Thanks to our systematic integration of ecological and social criteria in our business processes and investment decisions, we are among the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2023, over 157,000 employees achieved total business volume of 161.7 billion euros and an operating profit of 14.7 billion euros for the group.
* Including non-consolidated entities with Allianz customers.
** As of December 31, 2023.

Press contacts

Petra Vielhaber
Allianz SE
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