Allianz SE, the German multinational financial services and insurance group headquartered in Munich, has announced a series of leadership and portfolio changes within its Board of Management as part of long-term succession planning and organisational development.
The changes follow the planned retirement of Klaus-Peter Röhler, who will step down from the Board of Management on December 31, 2026, after reaching the company’s age limit and completing his contractual mandate. Röhler will leave after 30 years with the company.
Subject to regulatory approval where required, the new appointments and role adjustments will take effect on January 1, 2027.
Tomas Kunzmann, currently Chief Executive Officer of Allianz Partners, will join the Board of Management and take responsibility for the Asia Pacific region, including India. His successor as CEO of Allianz Partners will be announced at a later date.
Renate Wagner, already a member of the Board of Management, will take over responsibility for Germany, Switzerland and Central Europe. Wagner will also continue to oversee the “People & Culture” and “Mergers & Acquisitions” portfolios, while transferring her Asia Pacific responsibilities to Kunzmann.
The Global Property & Casualty Retail unit, which oversees retail insurance businesses worldwide, will report to Sirma Boshnakova. Boshnakova currently leads Insurance Western & Southern Europe as well as Allianz Direct and Allianz Partners within the group.
The company also confirmed that the mandate of Claire-Marie Coste-Lepoutre as Chief Financial Officer and member of the Board of Management has been extended for five years, running until December 31, 2031.
Commenting on the changes, Michael Diekmann, Chairman of the Supervisory Board of Allianz SE, said: “On behalf of the Supervisory Board, I express our respect and appreciation for Klaus-Peter Röhler’s contribution to the success of Allianz in thirty years of service and congratulate Tomas Kunzmann on his appointment to the Board of Management in 2027.”
Chief Executive Officer Oliver Bäte also praised Röhler’s impact and welcomed the next generation of leadership. “Klaus-Peter Röhler is an exceptional leader and a highly esteemed colleague who has demonstrated excellence and integrity in every position that he has held at Allianz. He is an inspiring role model and mentor to many, including members of our Board of Management and many other leaders across our company. I count myself among those who have benefited from his counsel over the years.
“We are very fortunate to have talented and technology-forward leaders like Tomas Kunzmann in our succession and development pipelines. In the past years, he has delivered growth and technology transformation in our flagship global business line Allianz Partners, which serves as a strategic blueprint for the way Allianz intends to expand our offering in growing markets.
“As we look to our next phase of growth, resilience, and productivity, we can count on our entire Board to continue excelling in their respective areas of responsibility.”
Tomas Kunzmann has served as CEO of Allianz Partners since July 1, 2022. During his tenure, the global assistance and insurance solutions provider has recorded strong financial and customer growth, reaching more than 90 million customers worldwide and generating annual revenue of over €10.5 billion in 2025, with operating profit of €402 million.
Alongside Allianz Direct, Allianz Partners forms a key component of Allianz’s Connected Platforms, which combine insurance expertise with AI-driven technologies and a global network of service providers to deliver omnichannel, highly personalised customer experiences.
Kunzmann joined Allianz Group in 2009 and held several roles at Allianz Private Krankenversicherung, including Head of Health Underwriting. In 2013 he moved to Allianz’s German sales organisation, Allianz Beratungs- und Vertriebs-AG, as Sales Manager before leading regional branch offices in Ingolstadt and later Kempten. He moved to the group’s headquarters in 2017 as Executive Assistant and Interim Head of Office to the CEO. In 2020 he joined Allianz Partners’ board to lead the Mobility & Assistance business line.
He studied business administration at Friedrich-Alexander University Erlangen-Nuremberg, including periods abroad in Washington, D.C., and Jyväskylä, Finland.
