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The Article

On May 7, 2015, the day after the Allianz SE Annual General Meeting, Oliver Bäte (50) takes over as the new Chairman of the Board of Management (CEO) of Allianz SE from Michael Diekmann (60).

At the same time, Oliver Bäte hands over the responsibility for “Global Property & Casualty” to Axel Theis (57), member of the Board of Management of Allianz SE, who adds this task to his existing responsibilities.

Oliver Bäte joined Allianz SE as member of the Board of Management of Allianz SE in 2008 as Chief Operating Officer. He assumed the position of Chief Financial Officer in 2009 before being appointed responsible for the insurance business in Western and Southern Europe (Benelux, France, Greece, Italy and Turkey) in 2013.