Senior Management Appointments

Sydney, 6 June 2014

Allianz has announced a number of appointments to the Allianz Senior Management Team. Allianz’s management structure will revert to having two dedicated distribution divisions:

David Hosking, currently Chief Financial Officer, will assume the role of Chief General Manager, Broker & Agency.

Michael Winter, currently General Manager Financial Institutions & Affinity, will assume the role of Chief General Manager, Retail Distribution.

It is anticipated that David and Michael will take up their new duties from August.

Mark Raumer, currently a partner at Ernst & Young will take on the role of Chief Financial Officer.

Mark joins Allianz following an impressive career as a partner at Ernst & Young, bringing with him nearly 30 years of specialisation in Australia’s general insurance industry. Over his career, Mark has led the audits of many of Australia’s largest Insurers and provided professional advice on a broad range of accounting, risk and prudential matters. Mark is expected to commence with the company in October 2014.

All appointments are subject to normal regulatory and Allianz SE Board of Management approvals.

Commenting on the appointments, Managing Director Niran Peiris said, “the retirement later in the year of Jonathan Poole as Chief General Manager Sales & Distribution provided the opportunity to consider the leadership model best suited to Allianz’s future growth.

“David and Michael’s intimate knowledge of our business will enable Allianz to continue our focus on delivering industry-leading products and service to our diverse range of distribution partners, while at the same time enhancing our One Allianz approach to the market.

“Mark’s wealth of knowledge of the Australian insurance industry will be a great contribution to our business and he will bring much experience and enthusiasm to our senior management team.”.

Allianz Australia
Large General Insurance Company of the Year 2013, 2012, 2011, 2009*
General Insurance Company of the Year 2012, 2010, 2007,2006**

Allianz Australia delivers a wide range of personal, commercial and corporate insurance products and services to more than 2 million policyholders. Over 50% of Australia’s top 200 BRW-listed companies have some form of insurance cover with the group and the group provides workers compensation services to around one-fifth of Australian employees.

*Australia & New Zealand Insurance Industry Awards
**Australian Banking and Finance Insurance Awards