Allianz International Company & Specialty SE named Joachim Müller to be CEO, efficient Dec. 1, the insurer mentioned in a press release Thursday.
He’ll succeed Chris Fischer Hirs, who will step down as CEO on Nov. 30, Allianz mentioned.
Mr. Müller is now CEO of Allianz Versicherungs AG, the property/casualty insurer of Allianz Deutschland, and of Allianz Beratungs und Vertriebs AG, the gross sales firm of Allianz Deutschland, the assertion mentioned.
He’s additionally a board member of Allianz Deutschland AG, with accountability for gross sales as CEO of ABV since 2014 and for property/casualty insurance coverage, the place he has been CEO since 2016, the assertion mentioned.
Andreas Kanning, a board member at ABV, will turn into CEO of ABV and a board member of Allianz Deutschland AG.
Klaus-Peter Röhler, CEO of Allianz Deutschland AG, will take over as CEO of Allianz Versicherungs, along with retaining his present duties. He may even symbolize the property/casualty insurance coverage division on the administration board of Allianz Deutschland AG, the assertion mentioned.
“Chris has been with AGCS since its early days, and has been instrumental in shaping the corporate into the market chief it’s at this time,” Niran Peiris, member of the board of administration of Allianz SE with accountability for anglo markets, world insurance coverage traces, Center East and Africa, mentioned within the assertion.
“I wish to thank him for his long-standing contribution to Allianz and to welcome Joachim into this new function. He’s the fitting candidate to guide AGCS into the longer term.”