Chris Hanks, General Manager, Allianz Commercial, has announced his intention to retire from Allianz Insurance in 2013 after 45 years in the business.
Simon McGinn, currently Director, Commercial Broker Markets, will succeed Chris when he retires.
Allianz CEO Andrew Torrance commented: "Chris has been an outstanding leader of our Commercial business, a core member of my Management Board and a great ambassador for both our company and profession. I would like to thank Chris for his exceptional contribution to our sustained success and wish him a long and happy retirement.
"I am delighted that Simon McGinn will succeed Chris as General Manager. This will be a well earned promotion for Simon and will ensure a seamless succession and consistent face to the market for this core area of our company."
Simon McGinn added: “I am delighted to be taking over from Chris next year. He will certainly be a tough act to follow but I am looking forward to leading what is a very strong team to more successes.”
Allianz Insurance is one of the largest general insurers in theUKand part of the Allianz SE Group, one of the leading integrated financial services providers worldwide and the largest property and casualty insurer in the world. With approximately 142,000 employees worldwide, the Allianz Group serves approximately 78 million customers in more than 70 countries.
The mission of Allianz Insurance is to be the outstanding competitor in our chosen markets by delivering products and services that our clients recommend, being a great company to work for and achieving the best combination of profit and growth.