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Allianz names chief business transformation officer

Allianz Group's supervisory board named Iván de la Sota chief business transformation officer and a member of the company's board of management, effective April 1.

De la Sota, who has served since 2015 as CEO of Allianz's Iberian and Latin American region, was appointed to the management board until Dec. 31, 2020.

The division for which he is responsible will support Allianz entities in leveraging growing demand for digital insurance and investment solutions, and will also be responsible for the European direct insurance companies, the Allianz Partners global business line and the Iberian and Latin American region.

Allianz's supervisory board also extended the contracts of Sergio Balbinot and Axel Theis as management board members, until the end of 2020.