Paul will join the Board as chairman elect on 1 November 2020 and will then take over from current chair, Rick Hudson, on his retirement in April 2021. In this role, Paul will also chair Allianz Insurance plc and LV= General Insurance Group.
Paul has had a distinguished career in insurance. He is a Chartered Accountant who spent 13 years with PricewaterhouseCoopers and 17 years at AXA where he held a number of senior roles including Group CEO, AXA UK and Group CEO, AXA Global Life, Savings and Health. Paul is also a former chairman of the Association of British Insurers (ABI) and currently holds non-executive roles with BUPA and Swiss Re.
Allianz Holdings plc CEO, Jon Dye said: “I am delighted that Paul has agreed to join us on the Board of Allianz Holdings. In these times of great uncertainty, challenge and change in our industry, Paul’s extensive knowledge and experience will be invaluable in helping to drive Allianz on to even greater success in the future. Paul is a highly respected figure in the UK insurance market and has an excellent track record of leading organisations to profitable growth.”
Paul Evans commented: “It is a huge privilege to become Chairman of Allianz Holdings plc at such an important time for our industry. Allianz Insurance and LV= General insurance have built remarkably strong, customer-focused franchises, and they can face the future together with great confidence. I very much look forward to working with Jon, the Board and the Executive Team taking the organisation forward.”
The appointment is subject to regulatory approval.