Christian Sandric will join Allianz Commercial as Commercial Managing Director Asia in Singapore with effect from 1 September, subject to regulatory approval.
Sandric will join the company from AIG Singapore where he currently serves as President & CEO. He is also Regional Manager for Indonesia, the Philippines and Vietnam with overall management responsibility for AIG’s General Insurance business in those territories.
In his 24-year career with AIG, he held a series of leadership positions with increasing responsibility across the United States, Australia, Europe and Asia.
Prior to moving to Singapore, he spent nine years working with AIG Japan in addition to other Asia based roles in both Hong Kong and Shanghai.
Sandric’s appointment is part of Allianz ‘Integrated Commercial’ strategy where each region is led by a Commercial Managing Director as one face to the market for mid-sized companies, large corporations, and specialty businesses.
Allianz has also announced similar leadership roles for other key Commercial markets globally, such as Australia, France, Germany, the UK, and in Iberia and Latin America.
Mark Mitchell, the current Regional Managing Director for Asia for Allianz Global Corporate & Specialty SE (AGCS), will continue in his role until Sandric joins, before stepping down to pursue opportunities outside Allianz Group.
Joachim Mueller, who leads Allianz Commercial as part of his role as CEO of AGCS, commented: “I am pleased to welcome Christian to Allianz Commercial and I know that his excellent knowledge and network across all major Asian markets will help us drive our business forward in this important growth region.
“I particularly want to thank Mark Mitchell for his very strong contribution to AGCS’s development in Asia Pacific. He and his team have built up this business with great professionalism, establishing the foundations on which Allianz Commercial can grow profitably in Asia. On behalf of all at AGCS, I wish him all the best for the future.”
Allianz Commercial Asia serves clients across this region, covering key markets such as China (including Hong Kong), India, Indonesia, Japan, Malaysia, Sri Lanka, Singapore, South Korea, and Thailand.
In Asia, Allianz is targeting significant growth opportunities across the full Commercial segment which entails mid-sized companies, large multinational corporations and specialty business leveraging its extensive geographical network, enhanced digital capabilities and strong product and services portfolio which includes Multinational and Risk Consulting, as well as Global Industry and Alternative Risk Transfer solutions.
Back in March, Allianz announced that it will serve the global commercial insurance segment as one go-to-market business, using the new trading name of Allianz Commercial, combining its AGCS business serving large corporate and specialty clients together with the insurance businesses of Allianz’s operating entities serving mid-sized country-based accounts.
Joachim Mueller will lead Allianz Commercial as part of his responsibilities as CEO of AGCS SE.
