CEO Oliver Bäte is “Personality of the Year” in German Diversity Award

Oliver Bäte has won the German Diversity Award in the category “Personality of the Year” 2022,  representing Allianz`s unwavering engagement and the commitment of our CEO on diversity, equity and inclusion (DE&I).

Oliver is an avid supporter of DE&I, both as a personal concern and as a high strategic priority in managing the company. The DE&I strategy is firmly anchored in the business as a core component of our talent strategy, integral part of product design and customer communications. Allianz has set ambitious global targets for our five core diversity topics to be achieved by the end of 2024. Importantly, we measure and discuss progress on a quarterly basis and hold our top managers accountable. 

At the start of Oliver´s tenure as CEO in 2015, there was not a single female CEO in the Allianz Group; today, there are nine – six appointed in 2021 alone.

As a signatory of the Valuable 500, the UN Women's Empowerment Principles and UN LGBT Standards, Oliver was an essential driver of Allianz's commitment to diversity adding to our other public commitments such as UN charters, diversity indices and Equal Pay & EDGE certification.

Our diversity and inclusion efforts are very important to our employees and our work environment. But they are also important for our business. The Edelman trust barometer underlines that 69% of employees want to belong to a diverse company with a positive societal impact. It is the basis of an engaged workforce, and employee empowerment is important to build trust in a company, state 85% of investors. And with raised trust comes a four times higher willingness to invest. 

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The Allianz Group is one of the world's leading insurers and asset managers with more than 126 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 706 billion euros** on behalf of its insurance customers. Furthermore, our asset managers PIMCO and Allianz Global Investors manage nearly 1.7 trillion euros** of third-party assets. Thanks to the systematic integration of environmental, social and governance criteria in our operations, business processes and investment decisions, we continue to be recognized as among the sustainable insurers in the Dow Jones Sustainability Index (September 23, 2022). In 2021, over 155,000 employees achieved total revenues of 148.5 billion euros and an operating profit of 13.4 billion euros for the group.

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

*Including non-consolidated entities with Allianz customers.
** As of September 30, 2022
As with all content published on this site, these statements are subject to our cautionary note regarding forward-looking statements:
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CEO Oliver Bäte is “Personality of the Year” in German Diversity Award

The award represents Allianz`s unwavering engagement and our CEO's commitment to diversity, equity and inclusion (DE&I).

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