Allianz Partners Nominates Jacob Fuest As Board Member & Chief Markets Officer

Allianz Partners, a group of companies working in insurance and assistance services, has declared the nomination of Jacob Fuest as its new Chief Markets Officer and Member of the Board of Management, effective from 1 January 2024. In this role, Jacob will focus on steering Allianz Partners’ business units across the globe to further accelerate profitable growth.

With 12 years of experience in the Allianz Group, Jacob most recently led the Business Division at Allianz SE for Western and Southern Europe, Allianz Partners and Allianz Direct. He also served on the Board of Directors of multiple large Allianz entities and spearheaded large-scale transformation projects.

Prior to this role, Jacob held a number of leadership positions at Allianz Partners including Head of Market Management and Innovation, chief executive officer (CEO) of Allianz Partners Germany and Regional CEO for Northern, Central and Eastern Europe. Prior to Allianz, Jacob held strategic positions within the automotive industry.

Tomas Kunzmann, CEO of Allianz Partners, commented: “It is a pleasure to welcome such a high-performing leader as Jacob back to Allianz Partners. His longstanding leadership experience and knowledge of Allianz and the Allianz Partners business, combined with his innovative mindset, put him in an excellent position to drive our local business units forward. I am confident that Jacob will successfully elevate the strong growth of our business globally to the next level, for the benefit of our partners and customers.”

Present in over 75 countries, Allianz Partners’ 21,900 employees speak 70 languages and handle over 72.5 million cases each year.

Jacob Fuest, Chief Markets Officer at Allianz Partners said, “I am thrilled to return to Allianz Partners and lead our markets around the world at this exciting moment of change and transformation. Allianz Partners is known as the growth engine of the Allianz Group and I am excited about further accelerating this growth journey jointly with an excellent team in more than 75 countries.”