Business

Allianz appoints new chairman

Allianz has appointed Paul Evans to the role of non-executive chairman, who will take over from Rick Hudson following his retirement in April 2021.

Evans joins the board as chairman elect on 1 November and will chair Allianz Holdings, Allianz Insurance and LV=

The former group CEO of AXA UK is also a former chairman of the Association of British Insurers (ABI) and currently holds non-executive roles with BUPA and Swiss Re.

Evans said: ‘‘It is a huge privilege to become Chairman of Allianz Holdings plc at such an important time for our industry.  

‘‘Allianz Insurance and LV= General insurance have built remarkably strong, customer-focused franchises, and they can face the future together with great confidence.  I very much look forward to working with Jon, the Board and the Executive Team taking the organisation forward.’’

John Dye, Allianz Holdings’ CEO, said: ‘‘I am delighted that Paul has agreed to join us on the Board of Allianz Holdings. 

‘‘In these times of great uncertainty, challenge and change in our industry, Paul’s extensive knowledge and experience will be invaluable in helping to drive Allianz on to even greater success in the future.’’

He added: ‘‘Paul is a highly respected figure in the UK insurance market and has an excellent track record of leading organisations to profitable growth.’’

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