It follows the departure of Clarisse Kopff to head the Europe and Latin America non-life division of Munich Re

Allianz Trade has named Aylin Somersan Coqui, currently Group chief risk officer of Allianz SE, as CEO and chairperson of the Board of Management of Allianz Trade.

This change is subject to regulatory approval, and follows the departure of Clarisse Kopff, who has become head of the Europe and Latin America non-life division of Munich Re.

Somersan Coqui served in various positions with Allianz Global Investors and PIMCO before holding multiple international leadership roles within the Group. Since 2020, she has been Group CRO at Allianz SE.

She will become CEO and chairperson of the Board of Management of Allianz Trade, and her appointment is subject to the standard regulatory approval requirements.

Chris Townsend, member of the Board of Management of Allianz SE said: “We are convinced that given her extensive background in both asset management and insurance as well as her technical expertise in risk, [Somersan Coqui] is in an excellent position to oversee the continued momentum of Allianz Trade.”