Allianz Retire+ forms board
Allianz Retire+ Powered by PIMCO has appointed Matthew Rady as its new chief executive officer and Patria Mann, David Plumb and Bernie Ripoll as independent non-executive directors.
The appointments follow the launch of Allianz Retire+ as a business combining Allianz’s global life insurance business with PIMCO’s global investment management experience.
Rady would assume his role immediately and be responsible for leading the business in Australia, including launching its first retirement income product later this year.
The current acting interim CEO, Adrian Stewart, would become a non-executive director of the board.
Rady has over 25 years’ investment and financial services experience across big industry names like IRESS, Macquarie Group and Stake.
Plumb and Mann are currently non-executive directors of BT Funds Management and Allianz Australia respectively, and Ripoll served in the Australian Parliament for 18 years in both government and opposition roles.
AUTHOR
Anastasia Santoreneos
Recommended for you
The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renewal process.
Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their AI solutions.
Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards.
The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community.
