Allianz Retire+ forms board

image
image
expand image

Allianz Retire+ Powered by PIMCO has appointed Matthew Rady as its new chief executive officer and Patricia Mann, David Plumb and Bernie Ripoll as independent non-executive directors.

The appointments follow the launch of Allianz Retire+ as a business combining Allianz’s global life insurance business with PIMCO’s global investment management experience.

Rady would assume his role immediately and be responsible for leading the business in Australia, including launching its first retirement income product later this year.

The current acting interim CEO, Adrian Stewart, would become a non-executive director of the board.

Rady has over 25 years’ investment and financial services experience across big industry names like IRESS, Macquarie Group and Stake.

Plumb and Mann are currently non-executive directors of BT Funds Management and Allianz Australia respectively, and Ripoll served in the Australian Parliament for 18 years in both government and opposition roles.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year ago
Kevin Gorman

Super director remuneration ...

1 year ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year ago

The future of superannuation policy remains uncertain, with further reforms potentially on the horizon as the Albanese government seeks to curb the use of superannuation ...

4 hours ago

Super funds had a “tremendous month” in November, according to new data....

4 days 3 hours ago

Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion....

4 days 8 hours ago