Allianz Australia chairman to retire

Allianz John Curtis Paula Dwyer Richard Feledy

25 September 2019
| By Chris Dastoor |
image
image
expand image

Allianz Australia has announced chair John Curtis will retire from the board, with Paula Dwyer taking over from 1 January, 2020.

Curtis would stay on until the end of the year, officially finishing on 31 December 2019.

As chair, Curtis oversaw significant growth at Allianz from gross written premium of $900 million to a $5 billion group which helped Allianz became one of Australia’s top insurance groups.

Richard Feledy, Allianz Australia managing director, said Curtis played a critical role in the development of the company from manufacturer’s mutual insurance (MMI) to a significant contributor in the global Allianz insurance business.

“John’s broad experience across a range of sectors and his knowledge of financial services through past associations including chair of St George Bank and deputy chair of Westpac, has steered Allianz to be a $5 billion enterprise and a leading insurer across many business segments,” Feledy said.

He had been a strong advocate for diversity at Allianz, setting targets for cultural diversity, forging partnerships to promote refugee and youth employment, and greater female representation at board and senior management levels.

Curtis congratulated Dwyer on her new position, and thanked Feledy and his fellow board members for his tenure.

“It has been a great privilege to serve as chair at Allianz Australia and to oversee such significant growth – not just financially but in the role Allianz plays in helping to protect what matters most to our customers,” Curtis said.

“I am confident that Allianz will continue to play a strong role in supporting communities and businesses across Australia,” Curtis said.      

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Simon J

What do you think the motivation is behind this broadly worded legislation Peter? Is it to make it harder for retail ...

17 hours 52 minutes ago
PETER JOHNSTON- AIOFP

The FSC should have thought about this when they cooperated with O'Dywer/Frydenberg/Hume/FPA/AFA 10 years ago when this...

20 hours ago
Simon J

Sick of it. Canberra is a joke....

21 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND