Allianz Life Insurance Malaysia Berhad (Allianz Life) has announced the appointment of Joseph Gross as its new chief executive officer (CEO), effective April 20, following approval being received from Bank Negara Malaysia, Malaysia’s central bank.
Fifty-one-year-old Mr. Gross spent the past 14 years of his career with the Allianz Societas Europaea Group (Allianz SE), a European public limited-liability company.
Prior to his latest appointment as CEO of Allianz Life, he was the head of group market management at Allianz SE, responsible for global brand management and core strategic priorities for the group internationally.
Zakri Khir, CEO of Allianz Malaysia Berhad – the holding company of Allianz Life – expressed his confidence in Mr. Gross’ leadership in bringing the organisation to greater heights: “We are confident that he will bring Allianz Life to greater heights, strengthening our commitment to our customers.”
Allianz Life offers a range of products for life and health insurance, as well as investment-linked products, in Malaysia. For the 2015 financial year, it recorded a gross written premium of 1.95 billion ringgit (US$500.76 million), and claims to be one of the fastest growing life insurers in Malaysia.
