At a recent meeting the supervisory board of Allianz AG announced that it has accepted the decision of Detlev Bremkamp (60) to retire by the end of 2005. It also announced the appointment of Mario Greco (45) to the Allianz management board as of May 1, 2005.
Bremkamp is stepping down after 40 years of service with Allianz. He is currently responsible for the Europe II countries as well as international reinsurance and industrial insurance business. He has served as a board member of Allianz AG for more than 25 years, carrying out a variety of responsibilities.
Greco will take over responsibility for Europe II in the future. He has served for more than ten years in the top management of the Italian Allianz Group subsidiary Riunione Adriatica di Sicurtà (RAS), where he has been the CEO since 2000.
Allianz also announced that Enrico Tomaso Cucchiani (54), CEO of the 100 percent subsidiary Lloyd Adriatico in Italy, has been appointed to the International Executive Committee. He “will continue to coordinate Allianz Group’s efforts to increase its competitiveness and reap more synergies from its property and casualty insurance business worldwide” said the announcement.
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