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Further changes to Allianz SE Board of Management

Following its strategic succession planning discussions at its meeting today, the Supervisory Board of Allianz SE announced the following decisions:

1. Sirma Boshnakova (49), currently the chief executive officer of Allianz Partners, has been appointed as Member of the Board of Management, effective January 1, 2022, pending customary regulatory approvals.

- Ms. Boshnakova is slated to succeed Sergio Balbinot (63) after his term expires on December 31, 2022. To ensure a seamless transition, she will work closely with Mr. Balbinot and assume portfolio responsibilities from him in the course of 2022, allowing Mr. Balbinot to focus even more on the strategic priorities in the Asia Pacific region in light of the growth potential and importance of that geography for Allianz.

2. The Supervisory Board expressed its intention to formally extend the contracts of Board of Management members Renate Wagner (47) and Klaus-Peter Röhler (56) at its upcoming February 2022 meeting.

3. As communicated, Andreas Wimmer (47), currently the chief executive officer of Allianz Lebensversicherungs-AG (“Allianz Leben”), has been appointed as Member of the Board of Management with responsibility for the asset management division and Allianz Life in the U.S. In addition to his new responsibilities, Mr. Wimmer will continue to serve as chief executive officer of Allianz Leben through December 31, 2021.

Katja de la Viña (42), currently the chief financial officer of Allianz Deutschland AG, will become the chief executive officer of Allianz Leben effective January 1, 2022.

 

allianz andreas wimmer
Andreas Wimmer
allianz katja de la vina
Katja de la Viña
allianz sirma boshnakova
Sirma Boshnakova

Oliver Bäte, Chairman of the Board Management of Allianz SE, said: “As the company looks ahead to our upcoming three-year strategic plan, the Board of Management and I look forward to working with Andreas Wimmer and Sirma Boshnakova, and we are pleased to benefit from the continued perspective, leadership, and service of Sergio Balbinot, Renate Wagner and Klaus-Peter Röhler.

The strategic succession decisions announced today by the Supervisory Board are supported by Allianz’s deep and diverse talent bench across the company, including leaders like Katja de la Viña and others who are readily able to step into new roles.”

Michael Diekmann, Chairman of the Supervisory Board of Allianz SE, said: “With the appointments of Andreas Wimmer and Sirma Boshnakova we continue to strengthen our Board of Management with very capable talent. The projected extension of the mandates of Renate Wagner and Klaus-Peter Röhler also underscores the stability and strength of our management team.”

The Allianz Group is one of the world's leading insurers and asset managers with more than 100 million[1] 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 793 billion euros on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage more than 1.8 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

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

Further information

Leadership changes at Allianz Africa

Effective November 1, 2021 Delphine Traoré becomes CEO of Allianz Africa. She retains her current responsibilities as COO.

Further changes to Allianz SE Board of Management

Sirma Boshnakova appointed as Member of the Board of Management effective January 1, 2022 pending regulatory approval. Board mandates of Renate Wagner and Klaus-Peter Röhler to be extended and formally approved in February 2022. As previously announced, Andreas Wimmer appointed Member of the Board of Management effective October 1, 2021.

Short Biography: Andreas Wimmer

Andreas Wimmer, currently the chief executive officer of Allianz Lebensversicherungs-AG (“Allianz Leben”), has been appointed as Member of the Board of Management to succeed Jacqueline Hunt as head of the asset management division and Allianz Life in the U.S.