Allianz Holdings has today (26 November 2021) announced that its chief operations officer Stephanie Smith is stepping down to pursue fresh opportunities.

 This is effective from 31 December 2021.

The appointment of Smith’s successor will be addressed by incoming Allianz Holdings chief executive Colm Holmes once he joins the firm in December – an announcement will be made in due course.

Jon Dye, Allianz Holdings’ current chief executive, said: “Smith has played a key role in the success of our business during a period of challenging and exciting changes.

“On behalf of all of my colleagues at Allianz, I would like to thank her for the significant contribution she has made to the success of our business over the last 12 years and wish her all the best for the future.”

Seeking fresh challenges

Smith initially joined Allianz Insurance in 2009 as a senior IT manager, before moving on to become director of operations for its retail division.

In 2016, Smith was appointed chief operations officer, joining the management board.

In this capacity, she oversaw the acquisition of LV= General Insurance through the joint venture phase and into 100% ownership.

More recently, Smith led Allianz’s operational response to the Covid-19 pandemic - she has designed Allianz’s return to office programme and new work model.

Smith said: “I’ve thoroughly enjoyed my time at Allianz and while I am sad to leave, it is now my time to move on and seek out fresh challenges.

“It has been a real honour to work with such great people and for such a strong global and UK business.”