Allianz Holdings has announced that its Chief Operations Officer (COO), Stephanie Smith, will stand down from her position and depart the company from December 31st to pursue new opportunities.
Smith joined Allianz Insurance in 2009 as a Senior IT Manager before becoming Director, Operations for its Retail Division and then later COO in 2016, when she joined the Management Board.
In that capacity she oversaw the program of work following the acquisition of LV= GI, through the joint venture phase and into 100% ownership.
More recently, Smith has led Allianz’s operational response to the pandemic and has helped to design Allianz’s return to office programme and New Work Model.
“Stephanie has played a key role in the success of our business during a period of challenging and exciting changes,” said Jon Dye, CEO of Allianz Holdings.
“On behalf of all of my colleagues at Allianz, I would like to thank her for the significant contribution she has made to the success of our business over the last 12 years and wish her all the best for the future.”
Smith also commented: “I’ve thoroughly enjoyed my time at Allianz and while I am sad to leave, it is now my time to move on and seek out fresh challenges. It has been a real honour to work with such great people and for such a strong global and UK business.”
The appointment of Smith’s successor will be addressed by incoming Allianz Holdings CEO Colm Holmes once he joins Allianz in December, and the company expects to make an announcement in due course.