Allianz Partners appoints new Chief Markets Officer and board member

Insurance and assistance services company Allianz Partners has announced the nomination of Jacob Fuest as its new Chief Markets Officer and member of the board of management. According to Allianz, Fuest will be responsible for steering Allianz Partners’ business units across the globe to further accelerate profitable growth.

With 12 years of experience in the Allianz Group, Fuest most recently led the Business Division at Allianz SE for Western and Southern Europe, Allianz Partners, and Allianz Direct. He also served on the board of directors of multiple large Allianz entities and spearheaded large-scale transformation projects.

Prior to this role, Fuest held a number of leadership positions at Allianz Partners, including Head of Market Management and Innovation, CEO of Allianz Partners Germany, and Regional CEO for Northern, Central and Eastern Europe. Prior to Allianz, he held strategic positions within the automotive industry.

Tomas Kunzmann, CEO of Allianz Partners, commented: “It is a pleasure to welcome such a high-performing leader as Jacob back to Allianz Partners. His longstanding leadership experience and knowledge of Allianz and the Allianz Partners business, combined with his innovative mindset, put him in an excellent position to drive our local business units forward. I am confident that Jacob will successfully elevate the strong growth of our business globally to the next level, for the benefit of our partners and customers.”

Fuest added: “I am thrilled to return to Allianz Partners and lead our markets around the world at this exciting moment of change and transformation. Allianz Partners is known as the growth engine of the Allianz Group, and I am excited about further accelerating this growth journey jointly with an excellent team in more than 75 countries.”

Allianz recently launched its new mobile app, Allyz, a digital platform providing travellers with trusted advice and expertise as well as access to the full suite of insurance benefits available to customers.