Allianz Appoints Ivan De La Sota to Management Board

03/08/18 11:35 AM EST
   By Anthony Shevlin 

Allianz SE (ALV.XE) said Thursday that it has appointed Ivan de la Sota to its management board as chief business transformation officer.

The company said Mr. de la Sota will assume the new role from April 1, and he has been appointed to the management board until December 31, 2020.

The new board division will help Allianz entities exploit business opportunities that arise from a growing demand for digital insurance and investment solutions among all customer groups, Allianz said.

Allianz said that from April 1, Helga Jung, member of the management board, will assume responsibility for the group-wide human resources function, work and social welfare, in addition to her other responsibilities.

The supervisory board has also decided to extend the contracts of Sergio Balbinot and Axel Theis, both members of the management board, until December 31, 2020.


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(END) Dow Jones Newswires

March 08, 2018 11:35 ET (16:35 GMT)

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