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Klaus-Peter Röhler succeeds Axel Theis

Axel Theis (62), Member of the Board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, retires at his own request on March 31, 2020 after more than 33 years at Allianz. Klaus-Peter Röhler (55), currently Chairman of the Board of Management of Allianz Deutschland AG and Allianz Versicherungs-AG, has been appointed by the Supervisory Board as his successor effective April 1, 2020.

Röhler will retain his role at Allianz Deutschland AG. At Allianz Versicherungs-AG he will be succeeded by Frank Sommerfeld as Chairman of the Board of Management effective April 1, 2020. 

allianz klaus-peter röhler
Klaus-Peter Röhler
allianz axel theis
Axel Theis

Oliver Bäte, Chairman of the Board of Management of Allianz SE, said: “Klaus-Peter Röhler has been leading Allianz Deutschland to profitable growth since 2018 and will continue to develop it sustainably in his new responsibility. I thank Axel Theis for his decades of successful work, and I would like to pay special tribute to his expertise and foresight on the Board of Allianz SE over the last six years. I wish him all the very best in his personal life and entrepreneurial ventures.”

Michael Diekmann, Chairman of the Supervisory Board of Allianz SE, added: “With Axel Theis, a highly respected Allianzer who has visibly shaped our company is retiring. For three decades Axel Theis was a driving force for the continuous development of our property and casualty segment worldwide. With Klaus-Peter Röhler, he is succeeded by a very experienced insurance manager who has achieved lasting successes as CEO of several units.”

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million* private and corporate customers in more than 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 790 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage 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 amongst the leaders in the insurance industry in the Dow Jones Sustainability Index. In 2020, over 150,000 employees achieved total revenues of 140 billion euros and an operating profit of 10.8 billion euros for the group.

These assessments are, as always, subject to the disclaimer provided below.

*Including non-consolidated entities with Allianz customers.

Press contacts

Christian Kroos
Allianz SE
Flavia Genillard
Allianz SE
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:

Further information

Change to the Allianz SE Board of Management: Klaus-Peter Röhler succeeds Axel Theis

Axel Theis (62), Member of the Board of Management of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, retires at his own request on March 31, 2020 after more than 33 years at Allianz.

AGCS and Allianz Germany announce leadership changes

Allianz Global Corporate & Specialty SE (AGCS) and Allianz Deutschland AG have announced leadership changes that will take effect from December 1, 2019, subject to regulatory approval. Joachim Müller, currently CEO of Allianz Versicherungs-AG and of Allianz Beratungs- und Vertriebs-AG, will be appointed as the new CEO of AGCS.

Allianz Global Investors announces leadership changes

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.