DGAP-Adhoc

Allianz SE: Leadership change at Allianz Deutschland

Allianz SE / Key word(s): Change of Personnel

24.04.2015 19:42

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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In its today's meeting the Supervisory Board of Allianz Deutschland AG, a
100% subsidiary of Allianz SE, appointed Dr. Manfred Knof (49) as Chairman
of the Board of Management (CEO) and successor to Dr. Markus Rieß (49) with
immediate effect, subject to the usual fit & proper review of the
Regulator. Manfred Knof joined Allianz Group in 1995. From 2006 - 2011 he
acted as CEO of Allianz Suisse and thereafter became a Member of the Board
of Management of Allianz Deutschland AG, responsible for Operations and
Claims. In April 2014 he became Head of the Business Division Central and
Eastern Europe of Allianz SE.

Markus Rieß was one of the top candidates for the position of Chairman of
the Board of Management of Allianz SE, which will be assumed by Oliver Bäte
on May 7, 2015. By mutual consent and upon his request, Markus Rieß resigns
from the Board of Management of Allianz Deutschland AG. Markus Rieß wishes
to pursue new career challenges.

Munich, April 24, 2015


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Information and Explaination of the Issuer to this News:

As always, the evaluations are subject to the following cautionary notes.


Cautionary Note Regarding Forward-Looking Statements
The statements contained herein may include prospects, statements of future
expectations and other forward-looking statements that are based on
management's current views and assumptions and involve known and unknown
risks and uncertainties. Actual results, performance or events may differ
materially from those expressed or implied in such forward-looking
statements.

Such deviations may arise due to, without limitation, (i) changes of the
general economic conditions and competitive situation, particularly in the
Allianz Group's core business and core markets, (ii) performance of
financial markets (particularly market volatility, liquidity and credit
events), (iii) frequency and severity of insured loss events, including
from natural catastrophes, and the development of loss expenses, (iv)
mortality and morbidity levels and trends, (v) persistency levels, (vi)
particularly in the banking business, the extent of credit defaults, (vii)
interest rate levels, (viii) currency exchange rates including the
euro/US-dollar exchange rate, (ix) changes in laws and regulations,
including tax regulations, (x) the impact of acquisitions, including
related integration issues, and reorganization measures, and (xi) general
competitive factors, in each case on a local, regional, national and/or
global basis. Many of these factors may be more likely to occur, or more
pronounced, as a result of terrorist activities and their consequences.

No duty to update
The company assumes no obligation to update any information or
forward-looking statement contained herein, save for any information
required to be disclosed by law.

24.04.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: Allianz SE
Königinstr. 28
80802 München
Germany
Phone: [phone] - 41 24
Fax: [phone] - 38 99
E-mail: [e-mail]
Internet: www.allianz.com
ISIN: DE0008404005
WKN: 840400
Indices: DAX-30, EURO STOXX 50
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Hanover, Munich, Stuttgart; Terminbörse
EUREX

End of Announcement DGAP News-Service

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