Allianz Names Claire-Marie Coste-Lepoutre as New CFO; Renews CEO Mandate
By Adria Calatayud
Allianz appointed Claire-Marie Coste-Lepoutre as its next chief financial officer, replacing Giulio Terzariol, and renewed the mandate of Chief Executive Officer Oliver Baete until 2028.
The German insurer said Monday that Coste-Lepoutre, who currently is chief actuary and head of planning and controlling, will join its management board as CFO at the beginning of 2024, subject to customary regulatory approvals.
Terzariol will be granted a release from his mandate as a member of the management board to pursue an outside opportunity, Allianz said. Italian peer Assicurazioni Generali separately said it has appointed Terzariol as its insurance chief executive.
Allianz said the mandate of Baete has been renewed and extended through the annual shareholders meeting in 2028.
The mandate of Andreas Wimmer, management board member responsible for the group's life and asset-management operations, has been renewed for five years and will end in September 2029, Allianz said.
Write to Adria Calatayud at adria.calatayud@dowjones.com
(END) Dow Jones Newswires
October 02, 2023 02:47 ET (06:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
These Stocks Are (Still) Powering the Bull Market
-
5 Undervalued Energy Stocks to Play the AI Data Center Demand Boom
-
After Earnings, Is Lowe’s Stock a Buy, Sell, or Fairly Valued?
-
5 Stocks With the Largest Fair Value Estimate Cuts After Q1 Earnings
-
10 Stocks With the Largest Fair Value Estimate Increases After Q1 Earnings
-
Markets Brief: Inflation Back in the Spotlight
-
AI Is Booming, but Consumer Spending Is Slowing. Which Will Prevail in the Stock Market?
-
What’s Happening In the Markets This Week
-
3 Dividend Stocks for June 2024
-
After Earnings, Is Alibaba Stock a Buy, Sell, or Fairly Valued?
-
MongoDB Earnings: Slashing Valuation as Execution and Macro to Blame for Lower Guidance
-
Marvell Earnings: We Raise Our Medium-Term AI Forecast and Bring Our Valuation Up to $75
-
Zscaler Earnings: Impressive Traction in Emerging Products Drives Sales Growth for the Quarter
-
Dell Earnings: Raising Valuation on Strong AI, but the Stock Remains Severely Overvalued
-
After Earnings, Is Nvidia Stock a Buy, Sell, or Fairly Valued?
-
The 10 Best Companies to Invest in Now