In a month of top-level personnel changes at Allianz Group, the insurance giant has now appointed Carsten Quitter as Group chief investment officer and managing director of its Allianz Investment Manager division as of January 2018.
He is set to replace Andreas Gruber, who is leaving at his own request after 29 years at the Allianz Group to retire.
Quitter has been with Allianz since 2005, most recently as CIO of Allianz Life in Italy, before that he worked among others at Swiss Re, where he covered risk and capital management and alternative risk transfer.
In his new role, he will be responsible for asset liability management, strategic asset allocation and investment strategy for all Allianz insurance portfolios worldwide. Like Gruber before him, he will also serve as managing director and global co-lead of AIM alongside Claus Stickler, who remains responsible for all investment platforms and management functions.
Following his appointment, Fabiana Rossaro will become the new CIO and a member of the executive team at Allianz Spa Italy, as well as a member of the Investment Management Board at AIM. She joined the Investment Strategy – Industrial Holdings department of AIM in Munich in 2007.