Allianz announced the appointment of a new leadership team to one of the world's fastest growing insurance markets.
Joos Louwerier takes on the role of Country Manager & CEO, Allianz Life Indonesia, where he will oversee the growth strategy and have overall management responsibility of all Allianz operations in Indonesia.
he succeeds Joachim Wessling, who is stepping down to pursue external opportunities, the company said in a media release.
Indonesian Expansion
Louwerier who has over 16 years global insurance experience, is currently CEO of Allianz Life Korea. Prior to joining Allianz in 2013, he held various senior positions with ING in Asia, in the areas of operations, risk management, bancassurance and marketing.
The company has also appointed Handojo G. Kusuma, as Deputy CEO for Allianz Life Indonesia. In his new role, he will oversee Distribution and Market Management to expand sales and channel growth in Indonesia.
Deeper Asian Penetration
Kusama and Louwerier will also join the Board of Directors of Allianz Life Indonesia; while Wessling will remain with the business in the interim to support an orderly transition. The new appointments are subjected to regulatory approval.
Earlier this year Allianz announced the appointment of Julia Zheng Kuik as the Head of Corporate Development, Asia Pacific as the firm looks at mergers and acquisitions, joint ventures and new partnerships in the region.
In January finews.asia also reported the significant 15-year bancassurance agreement for the distribution of Allianz’s general insurance products between Standard Chartered Bank and Allianz to the bank's retail banking clients in five key markets across Asia.
