Allianz Australia Announces New MD from 2018

05 May 2017

Richard Feledy
Richard Feledy
Allianz Australia Limited Chairman, John Curtis announced today that Richard Feledy has been appointed Allianz Australia Limited’s Managing Director (MD) from 1 January 2018.

“Richard’s experience, across all aspects of insurance and leadership qualities made him a great fit for the position. He is the right person to lead Allianz into the future. He brings a broad and deep knowledge of insurance to the role, serving on the leadership team of Allianz for seven years as our Chief Technical Officer,” said Mr Curtis.

His appointment follows a thorough recruitment process, endorsed by the Allianz SE Board of Management SE and Allianz Australia Limited’s Board of Directors.

Mr Feledy will replace Niran Peiris who has been promoted to the Allianz SE Board of Management from 1 January 2018.

“Allianz is a great place for people to grow their careers, with both Mr Peiris and Mr Feledy being promoted into more senior roles in the company and Group. I’m delighted that we have strong homegrown talent at Allianz.”

Mr Feledy will move into a newly created Deputy MD role before commencing as MD. His immediate priorities will be building on our focus on customers and advancing our digital agenda.

Member of the Board of Management of Allianz SE responsible for Australia Dr. Axel Theis thanked Mr Peiris for his contribution to Allianz.

“I would like to thank Niran for the great work he has done over the years in Allianz Australia and wish Richard all the best in his new role.”

Richard Feledy: A brief biography

A married father of six who has been in the insurance industry for 30 years, 15 of them at Allianz, has been appointed Allianz Australia’s new Deputy Managing Director.

Richard Feledy will step up into the deputy MD position from today, before moving into the Managing Director role permanently from 1 January 2018.

Richard brings a broad and deep knowledge of the business to the role. He started his insurance career in 1988 and has worked in a range of roles, from distribution to head office roles, spanning relationship management, pricing and products. He has been a key member of the Senior Management Team for seven years, and served most recently as our Chief Technical Officer.

Richard’s immediate focus as deputy MD will be continuing to drive our existing strategy, building on our focus on customers and advancing our digital agenda.

“Customer and regulator expectations are rising so we need to be ready to respond to, and anticipate, these expectations.

“Our four pillars - people, customer, growth and profit - are not there by accident. I know if we get things right for our customers, growth and profit will follow. If we’re profitable, we will attract
and keep the right people. It’s a continuous loop.”

Richard has a Bachelor of Business from the University of Technology, Sydney and lives on Sydney’s Northern Beaches with his wife Jaqueline, six kids and a rescue dog.

“When I get home, I’m a dad. There’s nothing like your kids to put you right in your place.”

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