Allianz's CEO, Oliver Bäte, has been confirmed to lead the global insurance group until the annual shareholders meeting in 2028. The supervisory board chairman, Michael Diekmann, expressed full support for Bäte's leadership to ensure Allianz's sustainable growth and competitive positioning in the future. Bäte, who also serves as the chairman of Allianz SE's board of management, has been in this position since 2015.
He expressed gratitude for the board's confidence and looks forward to serving Allianz's stakeholders in a changing world. In other news, Chief Financial Officer Giulio Terzariol will be leaving Allianz to explore opportunities in Italy. Claire-Marie Coste-Lepoutre is set to succeed him in the New Year. Coste-Lepoutre, with prior experience as CFO and deputy chief executive of Allianz Global Corporate & Specialty, was welcomed by Bäte as a proven leader for Allianz's next chapter of growth.
Bäte also mentioned Andreas Wimmer, whose mandate has been extended until September 30, 2029, as a key member of the management board. The CEO highlighted the talent within the company's succession and development pipelines, emphasizing the strong leadership within Allianz.
These developments indicate a strategic continuation of leadership within Allianz, with Bäte's continued tenure providing stability and continuity. The appointment of Coste-Lepoutre as CFO brings in a seasoned professional with deep experience in the industry, ensuring a smooth transition and further strengthening Allianz's financial management. Moreover, the extension of Wimmer's mandate underscores the company's commitment to retaining and nurturing talent within its ranks, reflecting positively on its succession planning and leadership development initiatives. Overall, these moves position Allianz well for sustained growth and resilience in the face of evolving market dynamics.
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