Barbara Karuth-Zelle (51), currently CEO of Allianz Technology SE, has been appointed to the Board of Management of Allianz SE in charge of Operations and IT, effective January 1, 2021. She has been appointed for the standard term of three years for new appointments. She succeeds Christof Mascher (60), who is retiring on December 31, 2020 after more than thirty years with Allianz and after having served as a Member of the Board of Management of Allianz SE for more than a decade. Christof Mascher will continue to serve Allianz and will take over selected mandates.
Christopher Townsend (52) has been appointed to the Board of Management of Allianz SE in charge of Global Insurance Lines, including AGCS and Euler Hermes, Reinsurance, Anglo Markets, Middle East and Africa, effective January 1, 2021. He has also been appointed for the standard term of three years. He served as the CEO of AIG’s International General Insurance Operations until recently and succeeds Niran Peiris (59), who is also retiring on December 31, 2020 after spending more than twenty years with Allianz.
The Board mandate of Sergio Balbinot (62) has been extended for two years until December 31, 2022 and the Board mandates of Giulio Terzariol (48) and Ivan de la Sota (56) have been extended for five years until December 31, 2025.