Oliver Bäte

Oliver Bäte serves as Chairman of the Board of Management and Chief Executive Officer of Allianz SE, one of the world's leading insurance companies with annual revenues of approximately €152 billion. Born on March 1, 1965, Bäte has been at the helm of Allianz since 2015, driving the company's strategic transformation through his "Heritage and Renewal" agenda focused on growth, digitalization, and operational excellence. Under his leadership, Allianz has achieved remarkable financial performance, including a 9.5% revenue growth and 11.3% improvement in operating profit in recent quarters. Bäte's career at Allianz began in 2008 as Chief Operating Officer, followed by his appointment as Chief Financial Officer in 2009. His tenure as CEO has been marked by significant achievements in diversity and inclusion, earning him the German Diversity Award "Personality of the Year" in 2022. A passionate advocate for climate action, Bäte co-founded the UN-convened Net-Zero Asset Owner Alliance and regularly addresses international forums on sustainability. His leadership philosophy centers on transparency, trust, and team spirit, while championing technological innovation in insurance through strategic partnerships and digital transformation initiatives. Bäte's contract as CEO has been extended through 2028, reflecting the supervisory board's confidence in his continued leadership of this €179.8 billion organization serving over 100 million customers worldwide.