Allianz SF names new CEO after Denys resigns

02/12/2018 Argaam

 

Allianz Saudi Fransi Cooperative insurance Co.’s (Allianz SF) board of directors has appointed Andreas Brunner as chief executive officer effective from Jan. 1, 2019, the company said in a bourse statement.

 

The insurer has obtained the Saudi Arabian Monetary Authority (SAMA) no objection letter for appointing Brunner as a CEO.

 

The step came after the company’s CEO Xavier Denys submitted his resignation for personal reasons effective from Dec. 31, 2018.

 

Brunner held various leadership positions at Allianz since 2005. He has been a partner and member of the Executive Leadership Team at Allianz Consulting since 2012, the statement added.

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