OREANDA-NEWS. On 06 March 2008 was announced, that Mr. Wessling will undertake the responsibilities earlier performed by Pavel Litvin who will proceed with his career in a new project.

Mr. Wessling will start his position after settling the necessary formalities what will be additionally reported by the Company. By this moment, Alexandra Protsiuk, CFO of Allianz, will be temporarily appointed Acting CEO.

Joachim Wessling has been working for Allianz for more than 25 years. Starting from an underwriter position Mr. Wessling worked at Allianz offices in Germany, South Africa, was the regional manager of Allianz in the Middle East region (Dubai), was heading company’s office in Japan. Since 2007 Mr. Wessling has been working in Ukraine, where his main goal is to make companies of Allianz Group the market leaders.