Allianz Partners Appoints Michael Buttstedt As CFO And Board Member

Allianz Partners, a world leader in insurance and assistance services, has announced that Michael Buttstedt has taken on the role of Chief Financial Officer and Board Member of Allianz Partners, since September 1st, 2024. He reports to Allianz Partners CEO Tomas Kunzmann. With a distinguished tenure exceeding 25 years within the Allianz Group, Michael joins Allianz Partners from his recent role at Allianz Italy, where he served as Chief Financial Officer for four years. 

Prior to this, he held the role of Chief Risk Officer for five years. Michael has held numerous leadership positions across the Allianz Group, including Chief Risk Officer at Allianz Switzerland and Group Risk Officer at Allianz SE. He holds a degree in Mathematics from the Technical University of Munich and is a member of the Association of Actuaries in Germany.

Tomas Kunzmann, CEO of Allianz Partners, commented: “We are thrilled to welcome Michael as our new Chief Financial Officer and Board Member. His deep risk and financial acumen coupled with his rich management experience and very good understanding of Allianz Group, make him the right choice to steer our financial strategy, manage risks and investments as we continue to transform and retain our #1 market position.” 

Michael replaces Damien Ladous, who has taken on the role of Head of Group Performance Steering, the strategic and financial steering unit of Allianz Group and part of H2 division at Allianz SE, reporting directly to the CFO of Allianz Group, Claire-Marie Coste-Lepoutre.