Allianz SE announces Board of Management changes

The Supervisory Board of Allianz SE and Günther Thallinger have mutually agreed that Mr. Thallinger’s term as member of the Board of Management will conclude on December 31, 2026. Günther Thallinger joined the Allianz SE Board of Management in 2017, marking a ten-year tenure as a Board Member.

Simultaneously, the Board of Management of Allianz SE will be reduced from nine to eight members, reflecting the closer integration of capabilities across the Group and the resulting efficiencies achieved over recent years. The responsibilities previously held by Mr. Thallinger will be distributed among other members of the Management Board:

• Andreas Wimmer, Member of the Management Board of Allianz SE in charge of Asset Management and US Life Insurance, will assume additional responsibility for the Allianz Group’s proprietary investments (Allianz Investment Management SE).
• Upon joining the Allianz SE Board on January 1, 2027, Tomas Kunzmann will assume responsibility for Global Health and Sustainability (ESG) in addition to his previously announced responsibilities for Asia Pacific, including India.

Jörg Schneider, Chairman of the Supervisory Board of Allianz SE, said:

“On behalf of the Supervisory Board, I would like to thank Günther Thallinger for his strong contribution to the success of Allianz. Under his leadership, Allianz has strengthened its position as a trusted investor for the benefit of its policyholders, and has shaped a leading sustainability ambition for the benefit of all of its stakeholders.”

Oliver Bäte, Chief Executive Officer of Allianz SE, said:

“Günther Thallinger has distinguished himself with passion and dedication in every executive role he has held at Allianz, striving to advance the interests of customers, investors, colleagues and society as a whole. He has earned the respect of a wide range of stakeholders with his integrity, his long-term perspective and his ability to build strong partnerships that create shared and lasting value.

Our future Board will combine a deliberately lean structure and a broad range of experience, backgrounds, and perspectives. It will continue to work across disciplines to create value for our customers, whose needs for protection, retirement solutions, and advice are growing every day in an increasingly complex and uncertain environment.”