Munich Re appoints former Allianz chair to supervisory board

Germany-based Munich Re has appointed Maximilian Zimmerer to its supervisory board, succeeding Peter Gruss who has resigned from the position with effect from June 30, 2017.

Gruss had been a member of the supervisory board since April 2009.

Zimmerer was chairman of the board of Allianz Lebensversicherungs-AG from 2006 to 2012, before moving to the board of management of Allianz SE, where he was responsible for investment management and global life and health insurance. He left the Allianz board on December 31, 2016.

Zimmerer has industry expertise in the areas of life insurance, health insurance and investments.

The reinsurer stated that at the next Annual General Meeting on April 25, 2018, its supervisory board intends to elect Zimmerer for the remainder of Gruss’ period in office.

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