Allianz Partners, a provider of insurance and assistance services, has announced that Michael Buttstedt has assumed the role of Chief Financial Officer and Board Member as of September 1, 2024.
He reports directly to Tomas Kunzmann, CEO of Allianz Partners. Buttstedt brings over 25 years of experience within the Allianz Group to his new position.
Before joining Allianz Partners, he served as the Chief Financial Officer at Allianz Italy for four years. He also held the position of Chief Risk Officer at Allianz Italy for five years.
Throughout his career, Buttstedt has taken on various leadership roles across the Allianz Group, including Chief Risk Officer at Allianz Switzerland and Group Risk Officer at Allianz SE.
He holds a degree in Mathematics from the Technical University of Munich and is a member of the Association of Actuaries in Germany.
Kunzmann said: “We are thrilled to welcome Michael as our new Chief Financial Officer and Board Member. His deep risk and financial acumen coupled with his rich management experience and very good understanding of Allianz Group, make him the right choice to steer our financial strategy, manage risks and investments as we continue to transform and retain our #1 market position.”
Buttstedt succeeds Damien Ladous, who has transitioned to the role of Head of Group Performance Steering. This is the strategic and financial steering unit within Allianz Group, part of the H2 division at Allianz SE. In his new position, Ladous reports directly to Claire-Marie Coste-Lepoutre, the CFO of Allianz Group.
