Allianz Retire+ has appointed Andrew Stewart as head of distribution wealth.
He joined from AUSIEX where he was head of advised distribution and service. He had 28 years experience in the market and formerly worked at CommSec Adviser Services, IOOF and Commonwealth Bank.
Allianz Australia Life Insurance CEO, Adrian Stewart said: “Andrew deeply understands the needs of planners and advisers. His experience and extensive network align to our refreshed distribution approach to deliver next generation retirement income solutions on platform.”
President and chief executive of Allianz Life Insurance Company of North America, Jasmin Jirele, would also join the board of Allianz Retire+ to provide global insights as the firm assessed how its experience in the US could be put to use in Australia.
Stewart said: “Our vision is clear, we are committed to delivering flexible retirement solutions to superfunds, platforms and advisers. These new appointments at the executive and board level will support our strategic reset in delivering better outcomes for all Australian retirees.
“Jasmine brings a wealth of experience building and leading Allianz’s retirement business in the US. We welcome her knowledge and expertise in pioneering products that are tried and tested in a more mature market like the US,” said Stewart.
The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.