Allianz has appointed Claudia Salem (pictured) as CEO of its property & casualty division in Asia-Pacific, effective today, March 01.

Salem is responsible for the P&L and functional development of Allianz’s property & casualty business in the region, including the long-term bancassurance relationship with Standard Chartered Bank. Based in the Singapore office, she reports to Allianz Asia-Pacific regional CEO George Sartorel, and serves as a member of the global insurer’s regional executive board.

“We look forward to having Claudia join our senior leadership team to lead our property & casualty operations in the region,” Sartorel said. “Claudia is an accomplished leader with extensive insurance and management experience, and she will be a great asset for Allianz as we continue to drive stronger growth and profitability in the region.”

Prior to joining Allianz, Salem was most recently Singapore CEO and head of Southeast Asia at AIG. In her career spanning over 15 years, she served in various leadership roles across operations management, business development and customer solutions.

She received her bachelor’s degree in computer & communications engineering from the American University of Beirut, Lebanon and her MBA in finance and entrepreneurship from the Stern School of Business, New York University.