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Allianz Global Investors: Corporate Philosophy

At Allianz Global Investors we follow a two-word philosophy: Understand. Act. This is as powerful as it is succinct. It describes how we look at the world and how we behave. It signals our belief that with so much information available, the best way to gain an advantage is through understanding.

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Allianz Global Investors: Corporate Philosophy

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Executives

Michael Diekmann, Chief Executive Officer
The chairman and CEO of Munich-based Allianz, an insurance, asset-management and banking company. Diekmann joined Allianz in 1988, where he advanced through management positions, including heading several of the company's overseas divisions. He became chairman and CEO in 2003 when Henning Schulte-Noelle resigned, after the company experienced significant losses from 9/11, major flooding in Europe and asbestos claims in the United States. Within a year, Diekmann turned the company around, increasing its profits and share price by cutting non-essential businesses and raising billions in capital.
Oliver Bäte, Chief Financial Officer
Mr. Oliver Bate serves as has been Chief Financial Officer and Member of Management Board at Allianz SE and since January 1, 2008 and its Head of Controlling Reporting Risk since September 2009. Mr. Bate served as a Chief Operating Officer at Chief Operating Officer at Allianz SE until September 2009. Mr. Bate's Professional career includes: Apprenticeship at Westdeutsche Landesbank, Cologne, Germany from 1984 to 1988; Military service with German Air Force, Sardinia, Italy from 1987 to 1988; McKinsey&Company, New York from 1993 to 1994; McKinsey&Company, Germany from 1995 to 1998; Principal, McKinsey&Company, Germany, Leader of the German Insurance Sector from 1998 to 2003 and Director and Leader of the European Insurance and Asset Management Sector, McKinsey&Company, Germany from 2003 to 2007. He served as Assistant Professor at University of Cologne. From 1988 to 1993, he studied at the University of Cologne, Business Administration, Leonard Stern School of Business, New York University, MBA.
Christof Mascher, Chief Operating Officer
Dr. Christof Mascher has been Chief Operating Officer and Member of Board of Management at Allianz SE since September 10, 2009. Dr. Mascher is responsible for the Operations Division as well as for Assistance and Travel Insurance. He serves as a Member of the Board of Management of Allianz Deutschland AG. He served as Executive Assistant in the department of industrial insurance at Wiener Allianz (Vienna, Austria). He served as Head of Strategic Information Systems Planning at Wiener Allianz (Vienna, Austria). He serves as a Member of the Board, in charge of the department operating at Allianz AG Germany. He holds M.A. Degree in Philosophy from University of Vienna and Doctorate degree in law from University of Innsbruck.

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