Allianz Holdings appoints 2 Non-Executive Directors to Management Board

Authored by Allianz

Allianz Holdings has announced Teresa Robson-Capps and José Vazquez will join its Board as independent non-executive directors.

Teresa, who joins Allianz Holdings in April, has held a number of senior positions during her extensive career across the insurance and finance sectors, including five years at HSBC Bank where her roles included head of strategy & planning, and deputy head of Direct Bank  First Direct. Teresa’s previous NED posts in insurance were with broker Towergate (2012-2016) and insurer Hastings (2016-2020). She currently holds non-executive roles at the NHBC, PPL / PRS and FIL Holdings.

In her new position at Allianz, Teresa will focus on the continual understanding of customer needs and ensuring best outcomes, as well as good risk management processes and strong financial controls.

José joins Allianz Holdings following a highly successful career in the global insurance industry, where he most recently spent 10 years as chief risk officer for Direct Line Group (DLG). He was a member of the executive team who delivered the FTSE 250 IPO of DLG and subsequent entry into the FTSE 100. Previously, he served as global chief risk officer for HSBC Insurance and on the Board of HSBC Insurance Holdings. José also held a number of chief actuary roles at Zurich Financial Services, including International Businesses, UK and London Market. José will join Allianz Holdings on 1 June and his particular areas of focus will be digital, risk, financial and business strategy.

The appointments are part of a planned transition strategy, as current Board member Rosanne Murison is due to reach the end of her final term as independent non-executive director in the autumn. In addition, Christian Dinesen reaches the end of his final term as independent non-executive director in the spring 2023. Allianz therefore decided to bring Teresa and José onto the Board this year.

Allianz Holdings chairman Paul Evans said: “I am delighted to welcome Teresa and José to the Board of Allianz Holdings. Both have highly impressive track records in their fields and their expertise will be invaluable. I look forward to working with them both and believe Allianz will benefit greatly from the insights they will bring to the organisation.”

He added: “I’d like to thank Rosanne and Christian for their tremendous contribution to the business as they approach the end of their final terms over the course of the next year. I wish them all the best for their future endeavours.”

Both appointments are subject to regulatory approval.