Gany Subramaniam has been appointed CEO of Allianz Insurance Lanka Ltd. and Allianz Life Insurance Lanka Ltd, effective June 1.

Subramaniam, who will be responsible for the company's operations in Sri Lanka, will also join the board of directors.

He will be succeeding Surekha Alles, who is leaving the company after more than 12 years.

Further, Allianz Asia-Pacific special projects and external affairs head Ruediger Schaefer was appointed board chairman, following the retirement of former regional CEO George Sartorel in April.