Allianz appoints CEO for Asia-Pacific region

Executive oversaw strong performance in the business despite the outbreak of COVID-19

Allianz appoints CEO for Asia-Pacific region

Insurance News

By Gabriel Olano

Allianz has appointed Anusha Thavarajah (pictured above) as CEO for the Asia-Pacific region, effective Dec. 1.

She succeeds Solmaz Altin, who will leave Allianz after 13 years with the company. As Asia-Pacific CEO, Thavarajah will be responsible for delivering the company’s regional long-term growth strategy, as well as leading its digital transformation efforts.

Thavarajah is currently Allianz Asia-Pacific’s CEO of Life and Health, having joined in December 2019 from AIA Malaysia. She has over 30 years of experience in financial services, having served in various senior leadership roles in the UK, Hong Kong and Malaysia. She also served as president of the Malaysia Life Insurance Association. During her tenure as life and health CEO, the region delivered the second-largest value contribution in Allianz Group in 2020, despite the outbreak of COVID-19.

“I am delighted that Anusha will become the new regional chief executive officer,” said Sergio Balbinot, member of the board of management of Allianz SE. “Her vision reflects our ongoing commitment to accelerate our growth and achieve long-term business success. Having joined our Asia senior leadership team since 2019, Anusha is also no stranger to our management philosophy and will bring valuable experience and insights, built over a long and illustrious career in insurance.

“I would like to thank Solmaz for his contribution to Allianz. He has created significant value for the group, driving lasting transformative and cultural changes that have left a profound impact in our customer and digital strategies. I wish him well for the future.”

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