Reinsurance News

Allianz adds two non-exec directors to its management board

27th April 2022 - Author: Jack Willard

Global insurer Allianz has announced the appointments of Teresa Robson-Capps and José Vazquez, who will join the company’s management board as independent non-executive directors (NED).

new-allianz-logoThe appointments, which are both subject to regulatory approval, are part of a planned transition strategy, as current board member Rosanne Murison is due to reach the end of her final term as independent NED this coming autumn.

In addition, Christian Dinesen also reaches the end of his final term as independent NED in the spring of 2023.

In a press release, it states that Robson-Capps has held a number of senior positions during her extensive career across both the insurance and finance sectors, which includes five years at HSBC Bank, where she served in high roles such as Head of Strategy & Planning, and Deputy Head of Direct Bank First Direct.

Robson-Capps’s previous NED positions within insurance were with broker Towergate (2012-2016), and insurer Hastings (2016-2020).

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In addition, Robson-Capps currently holds non-executive roles at the NHBC, PPL PRS, and FIL Holdings.

In her new position at Allianz, she will focus on the continual understanding of customer needs and ensuring best outcomes, as well as good risk management processes and strong financial controls.

Vazquez joins Allianz following a successful career in the global insurance industry, where he most recently spent 10 years serving as Chief Risk Officer for Direct Line Group.

He was also a member of the executive team that delivered the FTSE 250 IPO of DLG and subsequent entry into the FTSE 100. Prior to DLG, he served as Global Chief Risk Officer for HSBC Insurance, and on the board of HSBC Insurance Holdings.

Vazquez also held a number of Chief Actuary roles at Zurich Financial Services, including International Businesses, UK and London Market. He will join Allianz on June 1, and his particular areas of focus will be digital, risk, financial and business strategy.

Addressing the new appointments, Allianz Holdings Chairman, Paul Evans, said, “I am delighted to welcome Teresa and José to the Board of Allianz Holdings. Both have highly impressive track records in their fields and their expertise will be invaluable. I look forward to working with them both and believe Allianz will benefit greatly from the insights they will bring to the organisation.

“I’d like to thank Rosanne and Christian for their tremendous contribution to the business as they approach the end of their final terms over the course of the next year. I wish them all the best for their future endeavours.”

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