At the Annual General Meeting of Allianz SE today, a new Supervisory Board was elected as scheduled. Rashmy Chatterjee, Chairwoman of the Board of Management of ISTARI Global Ltd, London, was elected to the Supervisory Board for the first time. Sophie Boissard, Christine Bosse, Michael Diekmann, Dr. Friedrich Eichiner and Herbert Hainer were re-elected.

To gradually form a “staggered board” in the future, shorter terms of office had been proposed for some candidates in deviation from the regular four-year term of office. In line with the proposals, Sophie Boissard, Rashmy Chatterjee and Michael Diekmann were elected for four years, Dr. Friedrich Eichiner for three years, and Christine Bosse and Herbert Hainer for two years.

In the next term of office, the majority of the Supervisory Board members will be reassigned in stages. To ensure continuity during this reorganization, the Supervisory Board had asked Michael Diekmann to stand for the full term of office. The Supervisory Board considered the resulting addition of five months to the standard age limit to be acceptable. 

In February, the Works Council of Allianz SE had appointed the representatives of employees to the Supervisory Board. Primiano Di Paolo from Allianz Italy was elected as the new employee representative. He replaces Godfrey Hayward, who, as an employee of Allianz United Kingdom, will leave the Supervisory Board at the end of today as the statutes of Allianz SE restrict membership of the Supervisory Board on the employee representative side only to candidates from the EU. 

Gabriele Burkhardt-Berg, Jean-Claude Le Goaër, Martina Grundler, Frank Kirsch and Jürgen Lawrenz were confirmed for a further term of office.

Following the Annual General Meeting, the new Supervisory Board elected Michael Diekmann as Chairman at its constituent meeting. Gabriele Burkhardt-Berg was elected as his deputy for the employee side and Herbert Hainer for the shareholder side.

In addition, the shareholders approved the proposal to increase the dividend payment for the fiscal year 2021 by 12.5 percent from 9.60 euros to 10.80 euros per share.