Manuel BAUER appointed regional CEO of ALLIANZ Central and Eastern Europe Region
As of January 1, 2010, Manuel BAUER will be CEO of the new growth region, 'Central and Eastern Europe, Middle East and North Africa' (CEEMA). He succeeds Klaus JUNKER, former CEO of the New Europe region, who is retiring at the end of 2009. The previously separate regions of New Europe and Middle East and North Africa will be combined at the beginning of 2010, according to ALLIANZ statement.
Manuel BAUER has been with ALLIANZ since 1990, working in different management capacities throughout Asia, the Middle East and Central and Eastern Europe. Before being named CEO of New Europe, Middle East and North Africa, BAUER was executive vice president of the business area, Global Life. He will continue in this function in the future as well.
"Manuel BAUER is a proven expert on growth markets. ALLIANZ will benefit from his broad experience and know-how in these regions well into the future," said Werner ZEDELIUS, board member of ALLIANZ SE responsible for growth markets.
The region New Europe is made up of subsidiaries in Azerbaijan, Bulgaria, Kazakhstan, Croatia, Poland, Romania, Russia, Slovakia, Slovenia, the Czech Republic, the Ukraine and Hungary.
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