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.