Allianz Board Members to Switch Jobs, FT Deutschland Says

Allianz SE (ALV) board members Dieter Wemmer and Oliver Baete will switch jobs at the end of the year, Financial Times Deutschland reported, citing people close to the industry.

Baete, who is currently chief financial officer, will be in charge of southern and western Europe, Wemmer’s current job. Wemmer will become CFO at the end of the year, the newspaper said in a preview of tomorrow’s edition.

To contact the reporter on this story: Eva von Schaper in Munich at evonschaper@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net