Allianz has appointed Aaron Fryer as its new regional chief financial officer (CFO) for Asia Pacific, effective 1 January.
Fryer is responsible for providing financial leadership to support Allianz’s growth strategy in Asia, driving long term performance and value creation, and managing all aspects for the finance division - including business reporting, actuarial, finance, risk management, and tax.
In addition, he will become a member of the company’s Regional executive board, which is responsible for setting and executing Allianz’s growth strategy in Asia.
In his role, Fryer will be based in the Singapore regional office. He will report to the Allianz Asia Pacific Regional CEO, George Sartorel.
Fryer assumes the role previously held by Renate Wagner, who will continue to lead business growth and development as Allianz’s regional head of Life & Health Insurance, Asia Pacific, and remain a member of the regional executive board.
Fryer joined Allianz in 2018 as deputy regional CFO, and brings over 20 years of financial services experience, with more than half of that within business roles throughout Southeast Asia.
Before Allianz, he served as country CFO for Prudential Indonesia.
Sartorel commented: “We are delighted to appoint Aaron to this role. His extensive experience in insurance and financial operations will be a tremendous asset to Allianz as we look to drive stronger growth and profitability in the region. We also thank Renate for her stewardship of the regional finance function in the last three years, which has positioned Allianz well for future success. As we start this new year, we can look forward to both Aaron and Renate’s leadership and expertise supporting our ambitious growth strategy for Asia.”