People: Allianz SE (ALVG.DE)
Mr. Clement B. Booth has decided to resign from his position Member of the Management Board for Global Insurance Lines & Anglo Markets of Allianz SE effective December 31, 2014, which he served since January 1, 2008. He is Member of the Group Risk Committee. From 1974 until 1998, Mr. Booth held various executive positions in the South African insurance industry, including Chief Executive Officer of Munich Reinsurance Company of Africa Limited between 1993 and 1998. From 1999 until 2003, he was a Member of the Board of Management of Munich Reinsurance Company AG, Munich. From 2003 until 2005, Mr. Booth was Chairman and Chief Executive Officer of Aon Re International, London. Until December 31, 2009 he was Member of the Board at Allianz Life Insurance Company of North America as well as Fireman’s Fund Insurance Company.
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