• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Allianz asset management head Jacqueline Hunt stepping down from board

September 30, 2021 by David Barret Leave a Comment

September 30, 2021

BERLIN (Reuters) – Allianz’s head of asset management Jacqueline Hunt is stepping down from the board, the company said in a statement on Thursday, after a scandal over billions of dollars in hedge fund losses prompted a restructuring of the firm’s management.

The executive, who joined the company in 2016 and was due to stay until 2022, has been appointed as a strategic consultant to CEO Oliver Bate. “Jackie had signalled her openness for a change some time ago,” Bate said in the statement.

Hunt will be replaced by Allianz’s chief executive of the life insurance business in Germany, Andreas Wimmer.

The insurer is facing a slew of investor lawsuits over its Structured Alpha Funds and related investigations by the U.S. Department of Justice (DOJ), Securities and Exchange Commission (SEC) and Germany’s Bafin.

It said earlier in September it was speeding up succession planning for its management board, including for Hunt, following the closure of some of its U.S. investment funds last year.

The changes in leadership will come into effect from Oct. 1, the statement said.

(Reporting by Victoria Waldersee; editing by David Evans)

Source Link Allianz asset management head Jacqueline Hunt stepping down from board

David Barret
David Barret

Related posts:

  1. Soccer-Liverpool working to get midfielder Keita back from Guinea following coup
  2. U.N. footage from northern Ethiopia shows humanitarian crisis
  3. Factbox-Trump’s revenge endorsements drive Republican congressman from race
  4. Web host Epik was warned of a critical website bug weeks before it was hacked

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • IFLScience The Big Questions: What Will The Fossils Of The Future Look Like?
  • Finally, A Successful Starship Launch – What This Means For The Moon Landings
  • 26 Years After Launch, The ISS Will Try A New Way To Stay In Orbit Next Month
  • The World Map As You Know It Is Misleading – Now Africa Wants To Change That
  • “It’s Totally Wacky”: Oldest Known Ankylosaur Had A Kind Of Armor Never Seen In Any Vertebrate – Living Or Extinct
  • “Lost City Of The Amazon” Wasn’t Destroyed By A Volcano After All
  • Why Do Hammerhead Sharks Have A Hammerhead?
  • Neanderthals In Iberia Had Funerary Practices – They’re Just Not What We Expected
  • Monochrome Rainbows: In The Right Circumstances, Rainbows Can Look Very Strange Indeed
  • Shark Teeth Are Losing Their Bite As Ocean Acidification Takes Hold
  • Wasp “Riding A Broomstick” Among Fantastic Finalists Of Wildlife Photographer Of The Year
  • Long-Lost Sailback Houndshark Not Seen Since 1973 Rediscovered In Papua New Guinea
  • How Do You Age A Gas Giant? Jupiter’s Age Revealed By “Molten Rock Raindrops”
  • JWST Observes Interstellar Comet 3I/ATLAS: “One Of The Most Unusual Comets Ever Seen”
  • A Woman Injected Crushed Black Widow To Get High, And It Was A Very Bad Trip
  • Man With 31-Year History Of Depression Feels “Overwhelming Joy” After Experimental Brain Stimulation
  • The Pythagorean Theorem Predates Pythagoras By 1,000 Years: “The Proof Is Carved Into Clay”
  • Asteroid Bennu Is A “Frankenstein’s Monster” Of Material From The Inner Solar System, Outer, And Beyond
  • Canada Is Home To The World’s First Official UFO Landing Pad
  • Path Of Hurricane Erin, One Of The Fastest-Strengthening Storms On Record, Captured In Dramatic Satellite Images
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version