Executive Overview
Oliver Bäte is the CEO and Chairman of the Board of Management of Allianz SE, the world’s #1 leading insurance brand and a financial services provider with annual revenues of 152 billion euros. He leads about 160,000 employees in more than 70 countries who offer 122 million customers a range of products, services and solutions in insurance and asset management. Oliver is a passionate and lifelong advocate for environmental protection and co-founded the UN-convened Net-Zero Asset Owner Alliance to help achieve the goals of the Paris Agreement. His focus on meritorious inclusion in the workplace resulted in Allianz’s designation as an Iconic Leader of the Valuable 500, a group devoted to making business more inclusive of people with disabilities. In addition, he drove Allianz’s #1 ranking on BeyondGenderAgenda’s Diversity Index, one of the most rigorous indices for measuring diversity outcomes in Germany. He is dedicated to advancing financial services and economic expertise and serves as Vice Chairman of the Geneva Association, as a member of the Institute of Inter-national Finance, the Shanghai International Business Leaders’ Advisory Council, the Monetary Authority of Singapore International Advisory Panel and Board Member of active cyber insurance provider Coalition. Oliver started his career with McKinsey & Company in New York and later moved to their offices in Germany. In 1998, he took over the lead of McKinsey’s insurance practice of Germany and Austria. In 2003, he was named Director of the firm’s European insurance and asset management practice, and, in 2008, joined the Board of Management of Allianz SE as Global Chief Operating Officer. He later served as Allianz SE’s Chief Financial Officer, and subsequently as head of insurance for Western & Southern Europe, and then for Global P&C markets. In 2015, he was appointed Chairman of the Board of Management.
Career Timeline
- AllianzCurrent2008–Present· 18 yrs 8 mos
- Chief Executive Officer, Chairman of the Board of ManagementCurrent2015–Present
- Member of the Board of Management2014–2015
- Member of the Board of Management2013–2014
- Member of the Board of Management (Chief Financial Officer)2009–2013
- Member of the Board of Management (Chief Operating Officer)2008–2009
- 1998–Dec 2007· 9 yrs 11 mos
- Director, Leader of the European Insurance and Asset Management Sector2003–Dec 2007
- Principal, Leader of the German Insurance Practice1998–Dec 2003
Education
Master of Business Administration - MBA
New York UniversityBusiness Administration
University of Cologne