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Provinzial Rheinland appoints new CEO

Provinzial Rheinland Konzern appointed Patric Fedlmeier as CEO of the group, effective Jan. 1, 2018.

Currently deputy CEO responsible for sales and IT, Fedlmeier is succeeding Walter Tesarczyk, who has been CEO of Provinzial Rheinland since 2013 and is retiring at the end of 2017, having previously been an executive board member of Allianz Deutschland AG for 20 years.

Fedlmeier joined Provinzial Rheinland in 2003 and became member of the executive board of the German insurance group in 2009. His current duties will be taken over by Guido Schaefers, who is responsible for private clients at Provinzial Rheinland's life insurance and property and casualty insurance units.